Just Sold: Historic Cap Hill 7 Unit Apartment Building

Denver, CO – August 18, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1340 N Corona St, located in Denver, CO.

Advisors Jack Sherman and Dan Hawthorne (NorthPeak Commercial Advisors), represented the Buyer in this transaction.

“My client and I were excited to get in the door quickly and lock this property up for a great price. This is a deal that will perform well in both the short and long term.”
– 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.

SALE HIGHLIGHTS

  • Property Type: Multifamily
  • Closed Date: August 18, 2021
  • Address: 1340 N Corona St, Denver, CO 80218
  • Sale Price: $1,280,000
  • Number of Units: 7 ($182,857/Unit)
  • Property SF: 5,244 SF ($244/SF)
  • Proforma Cap Rate: 5.70%

NorthPeak Broker Team