DePaul Real Estate Advisors is proud to announce the successful sale of the street level commercial condos at The Beauvallon. DePaul procured several qualified offers within the first week of being presented to the market. A California-based independent investor purchased the retail portion of The Beauvallon as part of a 1031-exchange.
The Beauvallon sold at an aggressive cap rate at $5,575,000. Paul DeCrescentis and Jarod Pate represented the sellers, a Denver-based real estate investment partnership.
The Beauvallon is one of the most unique and prestigious condo buildings in Denver with an iconic location, prominent visibility and excellent access. The property was 100% occupied by a variety of restaurant, retail and service providers that cater to this affluent, dense and rapidly growing urban neighborhood. It is located at 9th Avenue and Lincoln Street along a high-traffic corridor into downtown Denver's financial district.
DePaul Real Estate Advisors is a full service commercial real estate advisory and brokerage firm that specializes in income-producing and investment properties, commercial financing, leasing and site selection.
For additional information, please contact Paul DeCrescentis or Jarod Pate at 303-333-9799.