Just Sold: 16-Unit Multifamily Property in Denver, CO Closes for $2,000,000

Address: 1415 Yosemite St., Denver, CO 80220
Sale Price: $2,000,000
Date Closed: December 22, 2023
Total Units: 16 ($125,000/Unit)
Property Size: 9,446 SF ($212/SF)
Cap Rate: 6.4%
Property Type: Multifamily

Denver, CO – January 8, 2024 – NorthPeak Commercial Advisors is pleased to announce the sale of 1415 Yosemite St., Denver, CO 80220.

Dan Hawthorne of NorthPeak Commercial Advisors worked with the seller in this transaction.

“Amidst recent lending challenges, navigating this transaction presented its complexities; however, we successfully orchestrated a competitive scenario, attracting multiple offers and ultimately landing on one that aligned favorably with the seller’s terms and price.”
– Dan Hawthorne, NorthPeak Commercial Advisors.

For more information on this investment or current market conditions, please contact Dan Hawthorne at 406-531-4246 or Dan@NorthPeakCRE.com.