Denver, CO – August 26, 2026 – NorthPeak Commercial Advisors is pleased to announce the sale of 1951 Upham St., Lakewood, CO 80214.
Hunter Schaefer, Jack Sherman, and George Maldonado of NorthPeak Commercial Advisors worked with the buyer and seller in this transaction.
“We were pleased to leverage our national marketing efforts to source a CA 1031 Buyer. Because we found the Buyer ourselves we were able to deliver a reduced commission for our Seller. The Seller took great care of the property and was looking to cash out and simplify life. The Buyer was motivated for tax reasons and was easy to work with, putting up nearly the full purchase price in cash.”
– Hunter Schaefer, NorthPeak Commercial Advisors
For more information on this investment or current market conditions, please contact Hunter Schaefer at (925) 989-8930 or Hunter@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 1951 Upham St., Lakewood, CO 80214
- Sale Price: $1,279,000
- Close Date: August 26, 2026
- Total Units: 7 ($182,714/Unit)
- Property Size: 5,445 SF ($235/SF)
- Cap Rate: 7.2%
- Property Type: Multifamily
