Just Sold: Arvada 4-Unit

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%