Price: $2,160,000
Units: 24
Address: 10623-10709 W 8TH AVENUE
City: LAKEWOOD
State: CO
ZIP: 80215
PINNACLE ANNOUNCES SALE OF 10623-10709 W 8th AVENUE IN LAKEWOOD
Denver, CO – September 30th, 2015 – Robert Lawson and Josh Newell, Senior Advisors at Pinnacle Real Estate Advisors, LLC announce the sale of 10623-10709 W 8th Ave in Lakewood, Colorado. This 24-unit property sold on September 30th with a contract price of $2,160,000; $90,000 per unit and $155.41 per square foot. The property, constructed in 1961, consisted of 3 separately deeded 8 unit buildings.
“Properties under $100,000 per unit in the West Denver Metro Market are difficult to find and this area is experiencing positive sustainable rent growth,” said Lawson who represented the Buyer. Josh Newell represented the seller in the transaction.
For more information, please contact Robert Lawson or Josh Newell at 303-962-9537/303-962-9559.
Pinnacle Real Estate Advisors Pinnacle Real Estate Advisors is a full-service commercial real estate brokerage firm servicing clients globally who own commercial properties in the metro Denver area and throughout Colorado. Our expertise encompasses all commercial real estate property types. We have experienced advisors specializing in apartment building sales and acquisition; retail property sales, leasing and acquisition; office property sales, leasing, tenant representation, and acquisition; and industrial property sales, leasing and acquisition. The Pinnacle Experience™ is a unique approach that is focused on each client’s needs, delivering superior real estate guidance, proven market perspective and unmatched results. Pinnacle Real Estate Advisors combines market expertise with a Full Spectrum Marketing™ campaign that delivers innovative real estate solutions that are client-centric and relationship focused. In 2014, Pinnacle Real Estate Advisors closed 307 transactions for a total of $366 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.
| Price: | $2,160,000 |
| Address: | 10623-10709 W 8th Avenue |
| City: | Lakewood |
| State: | CO |
| Zip Code: | 80215 |