Denver, CO – January 2, 2024 – NorthPeak Commercial Advisors is pleased to announce the sale of 1000 S Logan St., Denver, CO 80209. Built in 1938 by a local Denver family, the property consists of 20 courtyard apartments and 15 individual garages situated on a 30,430 SF lot. The Buyer plans a luxury multi-family development that will be completed in 2026.
Greg Johnson, Conner Piretti, and David Barocas of NorthPeak Commercial Advisors worked with the seller in this transaction. Jason Koch of Capstone Companies worked with the buyer.
“The current zoning made this an ideal parcel for redevelopment. Its location in West Wash Park near two light rail stations sealed the deal.”
– Greg Johnson, NorthPeak Commercial Advisors.
“We were pleased to represent our client on both his acquisition and disposition of the property.”
– Conner Piretti, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Greg Johnson at 303-810-1328 or Greg@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 1000 S Logan St., Denver, CO 80209
- Sale Price: $4,125,000
- Date Closed: December 21, 2023
- Total Units: 20 ($206,250/Unit)
- Land Size: 30,430 SF ($136/SF)
- Property Type: Multifamily
