Englewood, CO – September 15, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 4101 S Eliot St, located in Englewood, CO.
Advisors Dan Hawthorne and Jack Sherman (NorthPeak Commercial Advisors), represented both parties in this transaction.
This was a win-win for both parties involved. It was a successful 8-year hold for the Seller who was able to take advantage of a strong market and we were pleased to help facilitate a smooth transaction. The Buyer plans to continue improving the deal which still has upside potential in a market that continues to grow. – Dan Hawthorne, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Dan Hawthorne at 406-531-4246 or Dan@NorthPeakCRE.com.
SALE HIGHLIGHTS
Property Type: Multifamily
Closed Date: September 15, 2021
Address: 4101 S Eliot St, Englewood, CO 80110
Sale Price: $1,049,000
Number of Units: 4 ($262,250/Unit)
Property SF: 4,524 SF ($232/SF)
Current Cap Rate: 4.6%
