Denver, CO – August 1, 2025 – NorthPeak Commercial Advisors is pleased to announce the sale of 12121 W Nevada Dr., Lakewood, CO 80228.
Jack Sherman and Hunter Schaefer of NorthPeak Commercial Advisors worked with the buyer and seller in this transaction.
“We were happy to get this deal across the finish line through creative financing and developing a relationship with the sellers over the last 5 years who had owned this property for over 25 years. The sellers got a great price for their asset while still retaining passive cash flow using creative financing and allows it to be a win for the buyer as well.”
-Jack Sherman, NorthPeak Commercial Advisors
For more information on this investment or current market conditions, please contact Jack Sherman at (303) 903-9638 or Jack@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 12121 W Nevada Dr., Lakewood, CO 80228
- Sale Price: $1,000,000
- Close Date: August 1, 2025
- Total Units: 6 ($166,666/Unit)
- Property Size: 5,709 SF ($175.16/SF)
- Cash on Cash Return: 10.5%
- Property Type: Multifamily
