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%
About NorthPeak Commercial Advisors
We’re a collection of experienced real estate brokers committed to relationships built on results. We share a belief that our client’s goals take priority over our transaction results and we’ve been rewarded with long-term relationships with investors who trust us. As a brokerage, we are committed to remaining a small firm with high caliber individuals allowing investors more access to experienced advisors – we stress quality over quantity. The not-so-secret to our success is our 50+ years of investment experience in the Denver market and our commitment to collaboration among ourselves and our peers. Sharing our relationships and opportunities with other brokers in our market assures our clients access to the best deals. We aren’t defined by our individual success, we are defined by the success of investors who we are fortunate to call clients.
