Denver, CO – October 2, 2025 – NorthPeak Commercial Advisors is pleased to announce the sale of 2140 S Ash St., Denver, CO 80222.
Jack Sherman and Hunter Schaefer of NorthPeak Commercial Advisors worked with the buyer and seller in this transaction.
“This unique transaction involved a property built as five separately deeded townhomes but sold as a single apartment building. Our seller successfully consolidated all five units into one transaction with a qualified buyer, who in turn completed a 1031 exchange to acquire a high-quality, newly constructed asset.”
– 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: 2140 S Ash St., Denver, CO 80222
- Sale Price: $2,325,000
- Close Date: September 30, 2025
- Total Units: 5 ($465,000/Unit)
- Property Size: 6,590 SF ($353/SF)
- Current Cap Rate: 5.94%
- Property Type: Multifamily
