Denver, CO – August 29, 2023 – NorthPeak Commercial Advisors is pleased to announce the sale of 1330 Downing St., Denver, CO 80218.
Austin Bengford, Greg Johnson, and Conner Piretti of NorthPeak Commercial Advisors worked with the buyer and seller in this transaction.
“The Johnson-Piretti team was thrilled to work with both the buyer and seller in getting this transaction across the finish line. The seller, who’s managed the building for the past 25 years, is ready to officially enjoy his well-deserved retirement. The buyers are delighted to add such a character-rich building to their Central Denver portfolio and look forward to renovating the property and bringing rents up to market standard.”
– Austin Bengford, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Austin Bengford at 970-692-3008 or Austin@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 1330 Downing St., Denver, CO 80218
- Sale Price: $890,000
- Closed Date: August 25, 2023
- Property Size: 3,336 SF ($266/SF)
- Total Units: 4 ($222,500/Unit)
- Property Type: Multifamily
