NorthPeak Commercial Advisors

CLOSED! NorthPeak Commercial Advisors is pleased to announce the sale of 2071 S Milwaukee St., Denver, CO 80210. Jack Sherman and Hunter Schaefer of NorthPeak Commercial Advisors worked with the buyer in this transaction. "My buyer was excited to take advantage of the current market by acquiring an 8-Unit apartment building in the desirable University Park neighborhood for $186k/Unit and a current 6% CAP rate," stated Sherman. "This asset will always perform well in this location." For more information on this investment or current market conditions, please contact Jack Sherman at (303) 903-9638 or Jack@NorthPeakCRE.com. READ PRESS RELEASE: https://lnkd.in/g-FhZzDR SALE HIGHLIGHTS 🏠 Address: 2071 S Milwaukee St., Denver, CO 80210 💰 Sale Price: $1,490,000 📅 Close Date: December 20, 2024 🏢 Total Units: 8 ($186,250/Unit) 📐 Property Size: 4,160 SF ($358/SF) 📈 Current Cap Rate: 6.0% 🏠 Property Type: Multifamily #sale #sold #closing #realestate #northpeak #northpeakcre #multifamily #property #denver #denverrealestate

CLOSED! NorthPeak Commercial Advisors is pleased to announce the sale of 10541 W 7th Pl., Lakewood, CO 80215. Jack Sherman and Hunter Schaefer of NorthPeak Commercial Advisors worked with the seller in this transaction. "We were happy to help our seller achieve a great price in a challenging market," stated Sherman. "Our marketing resulted in multiple offers that all reflected a sub 5% CAP rate." For more information on this investment or current market conditions, please contact Jack Sherman at (303) 903-9638 or Jack@NorthPeakCRE.com. READ PRESS RELEASE: https://lnkd.in/gHsHd3Ad SALE HIGHLIGHTS 🏠 Address: 10541 W 7th Pl., Lakewood, CO 80215 💰 Sale Price: $995,000 📅 Close Date: December 17, 2024 🏢 Total Units: 4 ($248,750/Unit) 📐 Property Size: 3,576 SF ($278/SF) 📈 Current Cap Rate: 4.7% 🏠 Property Type: Multifamily #sale #sold #closing #realestate #northpeak #northpeakcre #multifamily #property #denver #denverrealestate #lakewood

JUST LISTED! 3605 Pierce Street in Wheat Ridge is a 10-unit property consisting of 4 one-bedroom units and 6 two-bedroom units. Eight of the 10 units have been recently renovated. Currently, the property is renting below market rates given the quality of the units. The location is highly desirable, situated near the heart of the walkable Wheat Ridge area, where tenants can enjoy easy access to local amenities while being surrounded by single-family homes, giving the property a strong neighborhood feel. Most units feature both front and back entries, offering a more private, home-like atmosphere compared to typical apartment layouts. This is an excellent opportunity to acquire a well-maintained asset in a prime location. VIEW PROPERTY: https://lnkd.in/erUsuhh3 PROPERTY HIGHLIGHTS 🏠 Address: 3605 Pierce St., Wheat Ridge, CO 80033 💰 List Price: $1,995,000 📐 Property Size: 8,609 SF 🏢 Total Units: 10 🏠 Property Type: Multifamily #realestate #denverrealestate #denver #multifamily #northpeak #northpeakcre #property #listing #wheatridge

JUST LISTED! 950 Allison St., situated in Lakewood, offers a well-rounded unit mix, featuring four two-bedroom units, each with its own garage, and two three-bedroom up-and-down units. Every unit is equipped with in-unit laundry hook-ups and both front and back door entries, with private backyards for each. The property is separately metered for gas and electricity, which tenants pay directly to the utility companies. The units highlight hardwood floors and efficient layouts. Although the property has been meticulously maintained with no deferred maintenance, there is ample opportunity for interior upgrades that could yield higher rental income. Tenants benefit from a peaceful, country-like atmosphere while enjoying the convenience of a nearby light rail station and easy access to Highway 6. This property presents an excellent opportunity for investors to acquire a quality asset with strong potential for continued performance and growth. VIEW PROPERTY: https://lnkd.in/gJ6r96Hw PROPERTY HIGHLIGHTS 🏠 Address: 950 N Allison St., Lakewood, CO 80214 💰 List Price: $1,400,000 📐 Property Size: 6,960 SF 🏢 Total Units: 6 🏠 Property Type: Multifamily #realestate #denverrealestate #denver #multifamily #northpeak #northpeakcre #property #listing #lakewood

CLOSED! NorthPeak Commercial Advisors is pleased to announce the sale of 902 Wamsley Way, Rifle, CO 81620. Joe Hornstein and Scott Fetter of NorthPeak Commercial Advisors worked with the buyer in this transaction. "We have a good, existing relationship with a group that owns a couple apartment buildings in Rifle," stated Hornstein. "We brought this opportunity to him right when the property hit the market and it was a good strategic fit for their portfolio." For more information on this investment or current market conditions, please contact Joe Hornstein at 720-939-2943 or Joe@NorthPeakCRE.com. READ PRESS RELEASE: https://lnkd.in/gc-hzC7y SALE HIGHLIGHTS 🏠 Address: 902 Wamsley Way, Rifle, CO 81620 💰 Sale Price: $1,875,000 📅 Closed Date: December 6, 2024 🏢 Total Units: 20 ($93,750/Unit) 📐 Property Size: 15,076 SF ($124/SF) 🏠 Property Type: Multifamily #sale #sold #closing #realestate #northpeak #northpeakcre #multifamily #property #denver #denverrealestate #rifle

CLOSED! NorthPeak Commercial Advisors is pleased to announce the sale of 195 Jackson St., Denver, CO 80206. Kevin Calame and Matt Lewallen worked with the buyer and seller in this transaction. "Through diligent efforts, NorthPeak was able to orchestrate a transaction that aligned the precise needs of both the seller and the buyer," stated Lewallen. "The seller walked away very happy, having achieved his desired outcome, and the buyer was very excited as he was able to acquire a coveted asset that perfectly matched his investment goals and long-term vision." READ PRESS RELEASE: https://lnkd.in/gWDt6p9q SALE HIGHLIGHTS 🏠 Address: 195 Jackson St., Denver, CO 80206 💰 Sale Price: $6,300,000 📅 Close Date: November 25, 2024 🏢 Total Units: 20 ($315,000/Unit) 📐 Property Size: 13,850 SF ($455/SF) 📈 Cap Rate: 5.0% 🏠 Property Type: Multifamily #sale #sold #closing #realestate #northpeak #northpeakcre #multifamily #property #denver #denverrealestate

CLOSED! NorthPeak Commercial Advisors is pleased to announce the sale of 1341 N Cook St., Denver, CO 80206. Conner Piretti and Greg Johnson of NorthPeak Commercial Advisors worked with the seller while Kevin Calame and Matt Lewallen worked with the buyer in this transaction. This property marks The Johnson-Piretti Team's 14th transaction with this seller.  "The seller put significant time and money into renovating this property to a level that stands out in the neighborhood and we were happy to deliver a price that reflected his hard work," stated Piretti. "It's always a pleasure working with this seller and we love seeing buildings come full circle like this. They've created high-end housing at a still affordable level for the area and the buyer will benefit from a turn-key property with predictable cashflow moving forward." For more information on this investment or current market conditions, please contact Conner Piretti at (303) 818-1805 or Conner@NorthPeakCRE.com. READ PRESS RELEASE: https://lnkd.in/g_pVVKjD SALE HIGHLIGHTS 🏠 Address: 1341 N Cook St., Denver, CO 80206 💰 Sale Price: $5,009,000 📅 Close Date: November 22, 2024 🏢 Total Units: 17 ($294,647/Unit) 📐 Property Size: 9,113 SF ($550/SF) 📈 Current Cap Rate: 5.55% 🏠 Property Type: Multifamily #sale #sold #closing #realestate #northpeak #northpeakcre #multifamily #property #denver #denverrealestate

JUST LISTED! Midtown Gardens is a turnkey investment opportunity totaling 34 units and weighted towards renovated 1 bedrooms. Originally built in 1970-1972, the property has undergone extensive renovation totaling well over $1,000,000 in costs. Capital improvements in the past 2 years include roof, electrical, plumbing, windows, exterior stairs, exterior paint, landscaping, concrete, and more. In addition, all 34 interiors have been renovated with high end finishes, making this one of the most attractive workforce housing options in the area. Tenants enjoy easy access to Downtown Denver and Boulder via nearby Highway 36. However, the subject property actually falls into Adams county and is therefore not subject to many of Denver’s landlord laws. For the right investor, this is an opportunity to buy a clean deal with attractive returns in the mid 6 CAP range. VIEW PROPERTY: https://lnkd.in/gWVFDjvb PROPERTY HIGHLIGHTS 🏠 Address: 7121-7141 Samuel Dr., Denver, CO 80221 💰 List Price: $7,450,000 📐 Property Size: 18,432 SF 🏢 Total Units: 34 🏠 Property Type: Multifamily #realestate #denverrealestate #denver #multifamily #northpeak #northpeakcre #property #listing

JUST LISTED! 3620 Ingalls Street is an attractive 8-unit property conveniently located in Wheat Ridge, less than 5 miles from downtown Denver. The courtyard-style building offers an attractive mix of studio, one bedroom and two bedroom apartments with plenty of off-street parking for the residents. The courtyard apartments are separately metered for gas and electric, and each unit has its own furnace and water heater. The well-maintained property has been a stable and consistent investment for over 10 years for the current owner. The property is nestled between the vibrant neighborhoods of Berkeley, Sloan’s Lake, Edgewater, and Olde Town Arvada. VIEW PROPERTY: https://lnkd.in/gRRaqViD PROPERTY HIGHLIGHTS 🏠 Address: 3620 Ingalls St., Wheat Ridge, CO 80033 💰 List Price: $1,625,000 📐 Property Size: 7,200 SF 🏢 Total Units: 8 🏠 Property Type: Multifamily #realestate #denverrealestate #denver #multifamily #northpeak #northpeakcre #property #listing #Wheatridge

CLOSED! NorthPeak Commercial Advisors is pleased to announce the sale of 960 Pearl St., Denver, CO 80203. Kevin Calame and Matt Lewallen of NorthPeak Commercial Advisors worked with the buyer and seller in this transaction. “We are excited to have facilitated this transaction between the buyer and seller,” stated Calame. “The sellers invested significant time and resources into renovating and transforming this property into a fully turnkey asset, ideally situated in a prime area of central Denver. After seven years of ownership, they decided it was the right moment to reinvest their equity into other ventures. The buyer recognized this as a fantastic opportunity to acquire a trophy asset in a top-tier location, offering solid returns today with strong potential for future growth.” For more information on this investment or current market conditions, please contact Kevin Calame at (303) 263-6260 or Kevin@NorthPeakCRE.com. SALE HIGHLIGHTS 🏠 Address: 960 Pearl St., Denver, CO 80203 💰 Sale Price: $3,475,000 📅 Close Date: November 14, 2024 🏢 Total Units: 16 ($217,188/Unit) 📐 Property Size: 7,607 SF ($457/SF) 📈 Cap Rate: 5.5% 🏠 Property Type: Multifamily READ PRESS RELEASE: https://lnkd.in/gR8MZZkU #sale #sold #closing #realestate #northpeak #northpeakcre #multifamily #property #denver #denverrealestate