Henry Group Real Estate Announces the Sale of 11 Unit Multifamily Asset located in Denver, Colorado

Denver, CO November 17, 2023 – Henry Group Real Estate is pleased to announce the successful sale of JP50 Apartments located at 2426-2446 Clay Street in the Jefferson Park Neighborhood of Denver, CO. The property consists of 11 recently updated One Bedroom/One Bathroom units and was sold for $2,200,000 by JP50 LLC.

This garden-style apartment building is ideally located in the heart of Denver near Empower Field, Denver's Children's Museum, Elitch Gardens, the Downtown Aquarium, the Platte River Trail, and adjacent to Sloan Lake and the Highlands Neighborhoods. The sale, which closed on November 16, 2023, marks another successful transaction for Henry Group Real Estate, a leading commercial real estate brokerage firm in Denver, CO. Patrick Henry and Boston Weir of Henry Group Real Estate represented the Seller and were diligent in their efforts to ensure a smooth and efficient transaction for all parties involved.

The Buyer, Cedar Oaks Apartments, LP, was represented by Kevin Calame and Matt Lewallen of NorthPeak Commercial Advisors.

“This property is so well located in Jefferson Park. There continues to be strong demand from a tenant perspective in this area and it should continue for years to come. The Sellers are thrilled to have made this deal with this Buyer, and NorthPeak Commercial Advisors were pros throughout the transaction.” said Patrick Henry.
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