Denver, CO – December 4, 2024 – NorthPeak Commercial Advisors is pleased to announce the sale of 1341 N Cook St., Denver, CO 80206.
Conner Piretti and Greg Johnson of NorthPeak Commercial Advisors worked with the seller while Kevin Calame and Matt Lewallen worked with the buyer in this transaction. This property marks The Johnson-Piretti Team’s 14th transaction with this seller.
“The seller put significant time and money into renovating this property to a level that stands out in the neighborhood and we were happy to deliver a price that reflected his hard work. It’s always a pleasure working with this seller and we love seeing buildings come full circle like this. They’ve created high-end housing at a still affordable level for the area and the buyer will benefit from a turn-key property with predictable cashflow moving forward.”
– Conner Piretti, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Conner Piretti at (303) 818-1805 or Conner@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 1341 N Cook St., Denver, CO 80206
- Sale Price: $5,009,000
- Close Date: November 22, 2024
- Total Units: 17 ($294,647/Unit)
- Property Size: 9,113 SF ($550/SF)
- Current Cap Rate: 5.3%
- Property Type: Multifamily
