
Seller's Agent in 2023
Joe Hornstein
NorthPeak Commercial Advisors, LLC
(720) 470-3646
3 in this area
39 Total Sales
Estimated Value: $1,030,205 - $1,071,000
27-29 S Grant Street represents a true value add opportunity in the heart of Denver. Located just north of Washington Park and just east of the Baker neighborhood, 27- 29 S Grant St is situated in one of the most desirable locations in Denver with walking access to great restaurants, bars, transit and outdoor recreation. The majority of the property has been occupied by the same tenants for years. This group has enjoyed the property and would be happy to stay if a future owner wanted to preserve the same low-vacancy investment model the current owner has used. However, a future owner seeking better returns will appreciate the unit layouts and see opportunity in the low current rental rates. A new roof has been added to the property and many of the updates a future owner may choose to make would be cosmetic. With a current rental rate that averages only $2/ft in a neighborhood that routinely achieves over $3/ft, there is significant opportunity at 27-29 S Grant for a future owner.
Last Agent to Sell the Property
NorthPeak Commercial Advisors, LLC License #40032215 Listed on: 04/24/2023
Last Buyer's Agent
NorthPeak Commercial Advisors, LLC License #40032215 Listed on: 04/24/2023
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Old Nate Llc | $795,000 | Land Title Guarantee Co | |
Pollart Sunne | $250,000 | -- |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Pollart Sunne | $181,000 | |
Previous Owner | Pollart Sunne | $200,000 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/30/2023 05/30/23 | Sold | $970,000 | -0.5% | $348 / Sq Ft |
04/26/2023 04/26/23 | Pending | -- | -- | -- |
04/24/2023 04/24/23 | For Sale | $975,000 | -- | $350 / Sq Ft |
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $5,821 | $73,490 | $20,970 | $52,520 |
2023 | $5,694 | $73,490 | $20,970 | $52,520 |
2021 | $4,779 | $64,050 | $26,310 | $37,740 |
2020 | $4,927 | $66,410 | $17,800 | $48,610 |
2019 | $4,789 | $66,410 | $17,800 | $48,610 |
2018 | $3,218 | $41,600 | $16,370 | $25,230 |
2017 | $3,209 | $41,600 | $16,370 | $25,230 |
2016 | $2,945 | $36,110 | $16,374 | $19,736 |
2015 | $2,821 | $36,110 | $16,374 | $19,736 |
2014 | $2,393 | $28,810 | $8,008 | $20,802 |
Seller's Agent in 2023
Joe Hornstein
NorthPeak Commercial Advisors, LLC
(720) 470-3646
3 in this area
39 Total Sales
Source: REcolorado®
MLS Number: 6518313
APN: 5104-11-029