Just Sold: 20-Unit Multifamily Property in Rifle, CO Closes for $1,875,000

Denver, CO – December 10, 2024 – NorthPeak Commercial Advisors is pleased to announce the sale of 902 Wamsley Way, Rifle, CO 81620.

Joe Hornstein and Scott Fetter of NorthPeak Commercial Advisors worked with the buyer in this transaction.

“We have a good, existing relationship with a group that owns a couple apartment buildings in Rifle. We brought this opportunity to him right when the property hit the market and it was a good strategic fit for their portfolio.”

Joe Hornstein, NorthPeak Commercial Advisors.

For more information on this investment or current market conditions, please contact Joe Hornstein at 720-939-2943 or Joe@NorthPeakCRE.com.

SALE HIGHLIGHTS

  • Address: 902 Wamsley Way, Rifle, CO 81620
  • Sale Price: $1,875,000
  • Closed Date: December 6, 2024
  • Total Units: 20 ($93,750/Unit)
  • Property Size: 15,076 SF ($124/SF)
  • Property Type: Multifamily