Denver, CO – August 9, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 830 N Clarkson St., Denver, CO 80218.
Jack Sherman and Dan Hawthorne of NorthPeak Commercial Advisors represented the buyer and seller in this transaction.
“We were happy to get this one done for both parties. The seller wasted no time renovating the majority of the building within a year and therefore was able to achieve top of market rents. In turn, we were able to bring it to the market with a competitive return which the buyer will continue to enjoy moving forward.”
– Dan Hawthorne, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Dan Hawthorne at 406-531-4246 or Dan@NorthPeakCRE.com
SALE HIGHLIGHTS
- Address: 830 N Clarkson St., Denver, CO 80218
- Sale Price: $1,630,000
- Closed Date: August 8, 2022
- Number of Units: 7 ($232,857/Unit)
- Property Size: 3,391 SF ($480/SF)
- Cap Rate: 5.7%
- Property Type: Multifamily
