Just Sold: 32 Unit Apartment Next to Stanley Marketplace

Denver, CO – June 14, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of the Tailwind Apartments located at 2345-2363 Emporia St., Aurora, CO 80010.

David Barocas, Keith Hardy, Scott Fetter, and Joe Hornstein of NorthPeak Commercial Advisors represented the buyer in this transaction.

“We were fortunate to be able to put this deal together off market through in house collaboration and our local network. The Seller had already found a property to 1031 exchange in to and our Buyer, who liked the proximity to Stanley Marketplace, was able to step up and put a significant amount of money non-refundable at contract execution to secure the asset.”

David Barocas, NorthPeak Commercial Advisors.

For more information on this investment or current market conditions, please contact David Barocas at 303-669-2475 or David@NorthPeakCRE.com

SALE HIGHLIGHTS

  • Address: 2345-2363 Emporia St., Aurora, CO 80010
  • Sale Price: $5,280,000
  • Closed Date: June 8, 2022
  • Number of Units: 32 ($165,000/Unit)
  • Property SF: 26,600 SF ($198/SF)
  • Property Type: Multifamily