Denver, CO – June 27, 2024 – NorthPeak Commercial Advisors is pleased to announce the sale of 1025 N Clarkson St., Denver, CO 80218.
Hunter Schaefer and Jack Sherman of NorthPeak Commercial Advisors worked with the buyer and seller in this transaction.
“We like to think this was an example of the importance of hiring the right brokerage in a challenging market. After 37 tours, we were pleased to present the Seller with an all cash 1031 buyer sourced by internal NorthPeak marketing. The Buyer is an owner occupant from out of state who was looking to move into core Denver.
The deal is an older vintage built in 1896 and featuring a few sprawling floorplans from 1,100-1,400 SF. Selling points for the deal were excellent walkability, more than 1 parking space per unit, and recent improvements to the roof and garage.
– Hunter Schaefer, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Hunter Schaefer at 925-989-8930 or Hunter@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 1025 N Clarkson St., Denver, CO 80218
- Sale Price: $1,150,000
- Closed Date: June 27, 2024
- Total Units: 4 ($287,500/Unit)
- Property Size: 4,425 SF ($260/SF)
- Property Type: Multifamily
