Just Sold: 22-Unit in Uptown Closes for $236,363/Unit

Denver, CO – September 19, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1760 Pearl St., Denver, CO 80203.

Conner Piretti and Greg Johnson of NorthPeak Commercial Advisors represented the buyer and seller in this transaction.

“The Seller had partially renovated the property and was able to realize a large appreciation over his 7 years of ownership. The Buyer, a repeat Johnson/Piretti client, was looking to round out his already impressive portfolio of Denver apartment buildings. The Dorchester was the perfect fit as it is located just 5 blocks from his furthest holding, and directly next door to his closest.”

-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: 1760 Pearl St., Denver, CO 80203
  • Sale Price: $5,200,000
  • Sale Date: September 15, 2022
  • Property Size: 11,554 SF ($450/SF)
  • Number of Units: 22 ($236,363/unit)
  • Property Type: Multifamily