Arvada, CO – June 29, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 10256 W 59th Place in Arvada, CO.
Advisor Hunter Schaefer and Principals Kevin Calame & Matt Lewallen (NorthPeak Commercial Advisors) represented both parties in this transaction.
“This was a win-win for a long term owner cashing out at a record price and a Buyer looking for off-market deals with value-add opportunity.” – Hunter Schaefer, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Hunter Schaefer at 925-989-8930 or Hunter@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Sold Date: June 29, 2021
- Property Type: Multifamily
- Address: 10256 W 59th Place | Arvada, CO 80004
- Number of Units: 4
- Property SF: 3,600 SF
- Sale Price: $850,000
- Price Per Unit: $212,500
- Price Per SF: $236
- Cap Rate: 5.00%
