Denver, CO – October 8, 2024 – NorthPeak Commercial Advisors is pleased to announce the sale of 3801 S Lincoln St., Englewood, CO 80113.
Hunter Schaefer and Jack Sherman of NorthPeak Commercial Advisors worked with the buyer and seller in this transaction.
“This was a fully renovated triplex weighted towards 3 bedroom units which supported an above market price per unit of over $300,000. The Seller was looking to simplify investments and refocus out of state while the buyer is a local group looking to self manage in a great location.”
– Hunter Schaefer, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Hunter Schaefer at (925) 989-8930 or Hunter@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 3801 S Lincoln St., Englewood, CO 80113
- Sale Price: $925,000
- Close Date: October 7, 2024
- Total Units: 3 ($308,333/Unit)
- Property Size: 3,524 SF ($262/SF)
- Current Cap Rate: 5.4%
- Property Type: Multifamily
