Denver, CO – September 5, 2024 – NorthPeak Commercial Advisors is pleased to announce the sale of 1110 N Clarkson St., Denver, CO 80218.
Conner Piretti, Greg Johnson, and Austin Bengford of NorthPeak Commercial Advisors worked with the seller in this transaction.
“This sale was the culmination of a 10-year advisement relationship with the Seller. We are pleased to have facilitated her transition from decades of hands-on management to a more passive investment strategy going forward. The sale was made to an out-of-state investor who found this opportunity through our broad marketing reach, and they will utilize our friends at Klos Management to operate the building going forward.”
– Conner Piretti, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Conner Piretti at (303) 818-1805 or Conner@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 1110 N Clarkson St., Denver, CO 80218
- Sale Price: $1,585,000
- Close Date: September 4, 2024
- Total Units: 7 ($226,429/Unit)
- Property Size: 4,769 SF ($332/SF)
- Current Cap Rate: 5.4%
- Property Type: Multifamily
