Denver, CO – June 4, 2024 – NorthPeak Commercial Advisors is pleased to announce the sale of 1247 Clarkson St., Denver, CO 80218.
Austin Bengford, Greg Johnson and Conner Piretti of NorthPeak Commercial Advisors worked with the seller in this transaction.
“The Johnson-Piretti team is thrilled to help our repeat client with the sale of their 6-unit mansion-conversion in the heart of Denver’s Capitol Hill neighborhood.
The building was meticulously cared for and managed by one of the city’s most prominent property management companies and is in prime condition for the new owner to generate immediate cash flow on day one.
The buyer, who formerly owned apartment buildings in the neighborhood years ago, is eager to get back into the Denver multifamily space after discovering this opportunity through our broad marketing campaign.”
– 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: 1247 Clarkson St., Denver, CO 80218
- Sale Price: $1,050,000
- Closed Date: May 28, 2024
- Total Units: 6 ($175,000/Unit)
- Property Size: 3,025 SF ($347/SF)
- Property Type: Multifamily
