Just Sold: Covered Land Play in Denver, CO Closes for $1,650,000

Denver, CO – June 3, 2024 – NorthPeak Commercial Advisors is pleased to announce the sale of 6025 E 14th Ave., Denver, CO 80220.

Matt Lewallen and Kevin Calame of NorthPeak Commercial Advisors worked with the seller in this transaction.

“The property represented a legacy for the sellers. They were happy to find a buyer that saw its current potential, but also recognized the future value of this lot with the existing zoning. As a covered land play, the property closed in only 45-days, which was extraordinarily quick.”

Matt Lewallen, NorthPeak Commercial Advisors.

For more information on this investment or current market conditions, please contact Matt Lewallen at 303-210-1623 or Matt@NorthPeakCRE.com.

SALE HIGHLIGHTS

  • Address: 6025 E 14th Ave., Denver, CO 80220
  • Sale Price: $1,650,000
  • Closed Date: May 20, 2024
  • Total Units: 6 ($275,000/Unit)
  • Property Size: 6,131 SF ($269/SF)
  • Property Type: Multifamily