Just Sold: 23-Unit Multifamily Property in Denver, CO Closes for $3,120,000

Denver, CO – February 24, 2025 – NorthPeak Commercial Advisors is pleased to announce the sale of Brunetti Lofts at 1316-1328 26th St., Denver, CO 80205.

Kevin Calame and Matt Lewallen of NorthPeak Commercial Advisors worked with the seller in this transaction.

“This transaction represented a significant win for both mission-driven organizations. The seller will redirect proceeds toward developing new affordable housing, while the buyer expanded its portfolio of nearly-permanent affordable units for low-income families.

Finding the right buyer who shared the seller’s commitment to housing stability was essential. A top priority for the seller was to ensure these homes remain affordable for decades to come.”

Matt Lewallen, NorthPeak Commercial Advisors.

For more information on this investment or current market conditions, please contact Matt Lewallen at (303) 210-1623 Matt@NorthPeakCRE.com.

SALE HIGHLIGHTS

  • Address: 1316-1328 26th St., Denver, CO 80205
  • Sale Price: $3,120,000
  • Close Date: February 19, 2025
  • Total Units: 23 ($135,652/Unit)
  • Property Size: 24,805 SF ($126/SF)
  • Property Type: Multifamily