Just Sold: 8-Unit Multifamily Property in Denver, CO Closes for $1,490,000

Address: 2071 S Milwaukee St., Denver, CO 80210
Sale Price: $1,490,000
Close Date: December 20, 2024
Total Units: 8 ($186,250/Unit)
Property Size: 4,160 SF ($358/SF)
Current Cap Rate: 6.0%
Property Type: Multifamily

Denver, CO – December 20, 2024 – NorthPeak Commercial Advisors is pleased to announce the sale of 2071 S Milwaukee St., Denver, CO 80210.

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

“My buyer was excited to take advantage of the current market by acquiring an 8 -Unit apartment building in the desirable University Park neighborhood for $186k/Unit and a current 6% CAP rate. This asset will always perform well in this location.”
– 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.