Denver, CO – September 28, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1152 Emerson St., Denver, CO 80218.
Joe Hornstein and Scott Fetter of NorthPeak Commercial Advisors represented the buyer and seller in this transaction.
“We received several very aggressive offers and were able to close the transaction with a local, experienced buyer in two weeks, all cash. This transaction is evidence that we are still getting deals done at aggressive prices, despite higher interest rates.”
– Joe Hornstein, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Joe Hornstein at 720-939-2943 or Joe@NorthPeakCRE.com
SALE HIGHLIGHTS
- Address: 1152 Emerson St., Denver, CO 80218
- Sale Price: $989,000
- Closed Date: September 25, 2022
- Number of Units: 3 ($329,666/Unit)
- Property Size: 3,646 SF ($271/SF)
- Cap Rate: 5.03%
- Property Type: Multifamily
