Englewood, CO – January 28th, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 3585 S Bannock St in Englewood, CO.
Advisors Jack Sherman and Dan Hawthorne (NorthPeak Commercial Advisors) facilitated the seller in this transaction.
“We were happy to help facilitate a smooth transaction for this seller and close above list price. When we brought it to the market, we toured 30 separate parties and received 14 offers, majority of which were above list price. With the equity he has built up over the years, he will be exchanging into a larger and more passive investment.”
-Dan Hawthorne, NorthPeak Commercial Advisors
For more information on this investment or current market conditions, please contact Dan Hawthorne at 406-531-4246 or Dan@northpeakcre.com.
SALE HIGHLIGHTS
- Investment Type: Multifamily
- Closed Date: January 28th, 2022
- Addresses: 3585 S Bannock St | Denver, CO 80110
- Sale Price: $668,000
- Total Number of Units: 2 ($334,000/Unit)
- Total Building SF: 2,844 SF ($235/SF)
- Cap Rate: 4.0%
