Carmel Partners Purchases 282-Unit Mixed-Use Property At 1840 Market Street For $110 Million
1840 Market Street
$110,000,000
Units
282
Asset Type
Mixed-use
Closing
Sep 2, 2026
About this deal
AI
A mixed-use property located at 1840 Market Street in Denver, CO, was sold for $110,000,000. The asset features 282 residential units within an 11-story building, equating to approximately $390,071 per unit.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $110,000,000
- Units: 282
- Price Per Unit: $390,071
- Buyer: Ron Zeff - Carmel Partners
- Seller: Greystar
- Sale Date: 09/02/2026
The transaction involved Ron Zeff, representing Carmel Partners, as the buyer of the property from Greystar, the seller, marking a significant acquisition in the Denver market.
Players
Market Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93