NorthPeak Commercial Advisors Facilitates $7M Sale Of 28-Unit Multifamily Property In Leadville, CO

NorthPeak Commercial Advisors facilitated the sale of a multifamily property located at 921 Mount Massive Drive in Leadville, CO. The property is a 28-unit apartment building with a total square footage of 26,040. The sale price for the property was $7,000,000, resulting in a price per unit of $250,000 and a price per square foot of $269.

Summary of transaction details:

• Property Type: Multifamily
• Sale Price: $7,000,000
• Units: 28
• Price per Unit: $250,000
• Square Footage: 26,040
• Price per Square Foot: $269

The sale was facilitated by Joe Hornstein and Scott Fetter, brokers from NorthPeak Commercial Advisors. The transaction took place on 12/07/2023 and the property is situated around 100 miles southwest of Denver in the Leadville market.

Note: NorthPeak Commercial Advisors played a key role in the successful sale of the 28-unit apartment building at 921 Mount Massive Drive in Leadville.