Denver, CO – October 5, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1820-1836 E 38th Ave., Denver, CO 80205.
Hunter Schaefer of NorthPeak Commercial Advisors represented the buyer and seller in this transaction.
“We were happy to deliver above market pricing to our Seller who was looking to cash out after 20+ years of ownership. Some unique features of the building made it a perfect fit for the Buyer who plans to sell the units off individually. Because of the Buyer’s history of performing quickly and his unique business plan, he was able to lock up this property off market the same day it was listed.”
–Hunter Schaefer, NorthPeak Commercial Advisors
For more information on this investment or current market conditions, please contact Hunter Schaefer at 925-989-8930 or Hunter@NorthPeakCRE.com
SALE HIGHLIGHTS
- Address: 1820-1836 E 38th Ave., Denver, CO 80205
- Sale Price: $1,400,000
- Closed Date: October 5, 2022
- Number of Units: 5 ($280,000/Unit)
- Property Size: 3,625 SF ($386/SF)
- Property Type: Multifamily
