Just Sold: Triplex in Edgewater, CO Closes for $850,000

Denver, CO – November 13, 2023 – NorthPeak Commercial Advisors is pleased to announce the sale of 2534-2536 Eaton St., Edgewater, CO 80214.

Joe Hornstein and Scott Fetter of NorthPeak Commercial Advisors worked with the seller in this transaction.

“The seller had lived in carriage house for several years and actually sold the property to owner occupant buyer that also plans to live in the carriage house as well. The property was meticulously maintained by seller over the last 20 years and was in great shape for buyer to continue operating it.”

– 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: 2534-2536 Eaton St., Edgewater, CO 80214
  • Sale Price: $850,000
  • Closed Date: November 6, 2023
  • Property Size: 1,770 SF ($480/SF)
  • Total Units: 3 ($283,333/Unit)
  • Cap Rate: 4.49%
  • Property Type: Multifamily