Denver, CO – October 23, 2020 – AQYRE Real Estate Advisors, LLC is pleased to announce the sale of 7495 Lowell Boulevard in Westminster, CO.
Principals Joe Hornstein and Scott Fetter (AQYRE) represented the buyer.
“The buyers were able to put under contract when many buyers in the market were concerned about the pandemic and we believe purchase at above market cap rate,” Hornstein said. “All but a few units had been updated by the seller and overall, the property was in great condition at time of sale. Buyer intends to renovate remaining units and hold long term.” – Joe Hornstein, AQYRE Real Estate Advisors.
For more information on this investment or current market conditions, please contact Joe Hornstein at AQYRE Real Estate Advisors at 720.738.1944 or Joe@AQYRE.com.
SALE HIGHLIGHTS
- Address: 7495 Lowell Blvd., Westminster, CO 80033
- Number of Units: 24
- Property SF: 17,523 SF
- Sale Price: $4,262,500
- Price Per Unit: $177,604
- Price Per SF: $243.25
