Courtesy of NorthPeak Commercial Advisors, LLC . matt@northpeakcre.com,303-210-1623
195 Jackson St. is a 20-unit property located in the highly desirable Cherry Creek North neighborhood. It consists of 7-1bd/1ba units, 13 sought after 2bd/1ba units, and includes 12 covered parking stalls. In addition, 11 of the 2 bedrooms and 2 of the 1 bedrooms have had substantial renovations within the last year. Cherry Creek is one of Denver’s most prestigious neighborhoods, known for its upscale residential, highly coveted commercial district, and an abundance of recreational amenities. The area boasts a mix of high end boutiques, gourmet restaurants, and art galleries. This property will continue to benefit from it’s location where the average income is approximately $135,000 and the median home price exceeds $1.2M! Investors will have the opportunity to acquire an asset that is in excellent condition and literally the only affordable housing option in all of Cherry Creek.
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