Denver, CO – December 10, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1229 N Clarkson St in Denver, CO.
Advisors Jack Sherman and Dan Hawthorne (NorthPeak Commercial Advisors) facilitated both seller and buyer in this transaction.
“Our Seller was able to take advantage of the current market and achieve a great price on his asset while the Buyer was happy to satisfy a 1031 exchange and buy in an A+ location. We received multiple offers and were able to bid this property up above the asking price.” – Jack Sherman, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Jack Sherman at 720-738-1942 or Jack@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Investment Type: Multifamily
- Closed Date: December 10, 2021
- Addresses: 1229 N Clarkson St | Denver, CO 80218
- Sale Price: $1,000,000
- Total Number of Units: 4 ($250,000/Unit)
- Total Building SF: 3,614 SF ($277/SF)
- Cap Rate: 4.60%
