Just Sold: 7-Unit Property with Over 20 Years of Ownership!

Denver, CO – June 23, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1331 N Franklin St., Denver, CO 80218.

Jack Sherman and Dan Hawthorne of NorthPeak Commercial Advisors represented the buyer and seller in this transaction.

“The Seller has kept this trophy asset in immaculate condition over the last 20+ years of ownership since he purchased it in the mid 90’s. It is truly a one of a kind apartment building that commands the most attention on the block.

The Buyer was happy to add this to his portfolio and intends to preserve the historic curb appeal.”

Jack Sherman, NorthPeak Commercial Advisors.

For more information on this investment or current market conditions, please contact Jack Sherman at 303-903-9638 or Jack@NorthPeakCRE.com

SALE HIGHLIGHTS

  • Address: 1331 N Franklin St., Denver, CO 80218
  • Sale Price: $1,925,000
  • Closed Date: June 23, 2022
  • Number of Units: 7 ($275,000/Unit)
  • Property SF: 5,226 SF ($368/SF)
  • Property Type: Multifamily

NorthPeak Broker Team