Apartment Building Sale – Lakewood

Sold

Price: $3,050,000

Address: 10623-10709 W 8TH AVENUE

City: LAKEWOOD

State: CO

ZIP: 80215

PINNACLE ANNOUNCES THE SALE OF 24 UNITS IN LAKEWOOD

Lakewood, CO – February 14th, 2019 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 10623-10709 W 8th Avenue in Lakewood. The 24-unit property, built in 1961, is located on a massive 1.25 acre lot and is within walking distance to the Oak Street Light Rail Station. The property sold on February 14th for a contract price of $3,050,000; $127,083 per unit and $219 per square foot. The property featured 3 separately deeded 8-unit buildings with updated 1Br/1Ba units, off-street parking, and updated electrical. Robert Lawson and Jim Knowlton, Principals, represented the Seller in the transaction.

For more information, please contact Robert Lawson at 303-962-9537 or Jim Knowlton at 303-962-9543.

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 2018, Pinnacle Real Estate Advisors closed 348 transactions for a total of $703 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/properties.

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Price:$3,050,000
Address:10623-10709 W 8th Avenue
City:Lakewood
State:CO
Zip Code:80215

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