Just Sold: 15-Unit Multifamily Property in Denver, CO Closes for $2,550,000

Address: 2250 N Clarkson St., Denver, CO 80205
Sale Price: $2,550,000
Closed Date: July 1, 2024
Total Units: 15 ($170,000/Unit)
Property Size: 7,740 SF ($329/SF)
Property Type: Multifamily

Denver, CO – July 1, 2024 – NorthPeak Commercial Advisors is pleased to announce the sale of 2250 N Clarkson St., Denver, CO 80205.

Kevin Calame and Matt Lewallen of NorthPeak Commercial Advisors worked with the buyer in this transaction.

“Perseverance was the key to success on this deal. This presented itself as a decent opportunity, but through a lot of hard work and determination by NorthPeak and the buyer, this turned into an excellent deal. There was an assumable loan that made the financing very attractive, and though the property needs a lot of work, the buyer looks forward to a renovation program and significantly improving the asset.”
– Matt Lewallen, NorthPeak Commercial Advisors.

For more information on this investment or current market conditions, please contact Matt Lewallen at 303-210-1623 or Matt@NorthPeakCRE.com.