Denver, CO – February 5, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of Clay Street Apartments, located at 4373 Clay Street in Denver, CO.
Senior Advisors Greg Johnson & Conner Piretti (NorthPeak Commercial Advisors) represented both parties in this transaction.
The turn-key condition of the building was paramount for the Buyer. NorthPeak’s Greg Johnson noted, “This is the second building this investor has purchased from the Seller. She is drawn to the high-quality renovations he delivers.”
For more information on this investment or current market conditions, please contact Greg Johnson at 720-738-1671 or Greg@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: Clay Street Apartments, 4373 Clay Street
- Number of Units: 20
- Property SF: 10,664 SF
- Sale Price: $4,250,000
- Price Per Unit: $212,500
- Price Per SF: $399
- Cap Rate: 5.00%
