Denver, CO – March 24, 2025 – NorthPeak Commercial Advisors is pleased to announce the sale of 5551 S Delaware St., Littleton, CO 80120.
Jack Sherman and Hunter Schaefer of NorthPeak Commercial Advisors worked with the buyer and seller in this transaction.
“We were pleased to get this across the finish line for our seller. After generating over 25 tours with qualified buyers, we got this deal done at a price that reflected a current 5.2% CAP rate in a challenging market.”
-Jack Sherman, NorthPeak Commercial Advisors
For more information on this investment or current market conditions, please contact Jack Sherman at (303) 903-9638 or Jack@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 5551 S Delaware St., Littleton, CO 80120
- Sale Price: $900,000
- Close Date: March 20, 2025
- Total Units: 6 ($150,000/Unit)
- Property Size: 4,278 SF ($210/SF)
- Current Cap Rate: 5.2%
- Pro Forma Cap Rate: 7.6%
- Property Type: Multifamily
