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Just Sold: 6-Unit Multifamily Property in Littleton, CO Closes for $1,200,000

Denver, CO – February 2, 2026 – NorthPeak Commercial Advisors is pleased to announce the sale of 5551 S Delaware St., Littleton, CO 80120.

Hunter Schaefer and Jack Sherman of NorthPeak Commercial Advisors worked with the seller in this transaction.

“This is another example of changes in the new market. There was real difficulty leasing during the holiday season, which resulted in 50% vacancy at closing. We were pleased to deliver strong exit pricing of $200,000/Unit in a declining market. This was our second time selling the property in less than 12 months – first from a long term owner and now after a full renovation.”

– 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: 5551 S Delaware St., Littleton, CO 80120
  • Sale Price: $1,200,000
  • Close Date: January 30, 2026
  • Total Units: 6 ($200,000/Unit)
  • Property Size: 4,278 SF ($281/SF)
  • Pro Forma Cap Rate: 6.8%
  • Property Type: Multifamily

NorthPeak Broker Team