Denver, CO – January 29, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 801 E. 14th Avenue in Denver, CO.
Senior Advisors Conner Piretti & Greg Johnson (NorthPeak Commercial Advisors) represented the Seller in this transaction.
“The Seller, an experienced real estate investor in Capitol Hill, was able to capitalize on a hot multifamily market and earn a large profit on his 20+ year investment. The Buyers look forward to breathing new life into the property, with plans of remodeling the units to increase cashflow.” – 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: 801 E. 14th Avenue , Denver, CO 80218
- Number of Units: 9
- Property SF: 4,490 SF
- Sale Price: $985,000
- Price Per Unit: $109,444
- Price Per SF: $219
- Cap Rate: 6.00%
