Just Sold: $285,000/Unit for Englewood 1 Bedrooms

Denver, CO – May 24, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 3390 S Pearl Street, Englewood, CO, 80113.

Hunter Schaefer, Senior Advisor at NorthPeak Commercial Advisors, represented the seller on this transaction.

“This deal was unique in that it was being operated as furnished corporate rentals in an A+ location just steps from Swedish Medical Center and Craig Hospital. The units were recently renovated and achieving well above market rent, with recent capital improvements to roof, water heaters, and furnaces. We were happy to deliver great price and terms for our client.”

– 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

  • Address: 3390 S Pearl Street, Englewood, CO, 80113
  • Sale Price: $1,720,000
  • Closed Date: May 20, 2022
  • Number of Units: 6 ($286,666/Unit)
  • Property Size: 3,960 SF ($434/SF)
  • Property Type: Multifamily
 
 

NorthPeak Broker Team