*Call for offers deadline is Friday, January 23, 2026* The William Penn is a value-add opportunity in Denver’s Uptown neighborhood. The property is just a few blocks east of the Central Business District, and adjacent to 17th Avenue: Denver’s famed Restaurant Row. The building was completely vacated earlier this year and is positioned for immediate renovation. The attractive 4-story building consists of 35 one-bedroom apartments. These spacious apartments offer functional floor plans, abundant natural light, and many units enjoy stunning views of the downtown skyline. The renovation scope may include updates to the HVAC systems, roof and elevator, in addition to the apartment finishes. The current electric service is 30 amps to each unit. Building amenities include a bicycle garage, laundry room, storage lockers and onsite manager’s office. The William Penn has a long-standing reputation as an exceptional building and deserves to be restored to its former glory. INVESTOR REQUIREMENTS The City and County of Denver successfully sought the appointment of a court-appointed receiver to manage the sale and ensure the remediation of the Property. The receiver, in turn, has listed the property for sale with the Johnson-Piretti Team at NorthPeak Commercial Advisors with the intent to sell the property “as-is”. The successful contract for the property will be subject to court approval. As part of that process, the buyer must negotiate a plan with the City to bring the property into compliance with City and State ordinances and methamphetamine remediation requirements.