Just Sold: 6-Unit Multifamily Property in Denver Sells for $1.86M

Denver, CO – August 22, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 2440-2450 N Ogden St., Denver, CO 80205.

Kevin Calame and Matt Lewallen of NorthPeak Commercial Advisors represented the seller in this transaction.

“Despite the tremors in the market and a difficult lending environment we were able to put the right puzzle pieces together and get this to the finish line. The seller was very happy with the outcome as it represented a strong execution of his strategy of repositioning the asset to provide high quality housing.”

Matt Lewallen, NorthPeak Commercial Advisors.

For more information on this investment or current market conditions, please contact Matt Lewallen at 303-210-1623 or Matt@NorthPeakCRE.com.

SALE HIGHLIGHTS

  • Address: 2440-2450 N Ogden St., Denver, CO 80205
  • Sale Price: $1,865,000
  • Closed Date: August 17, 2022
  • Units: 6 ($310,833/Unit)
  • Property Size: 4,275 SF ($436/SF)
  • Property Type: Multifamily