Denver, CO – January 5, 2020 – AQYRE Real Estate Advisors, LLC is pleased to announce the sale of 1450 S. Reed Street in Lakewood, CO.
Principals Kevin Calame and Matt Lewallen (AQYRE) represented the Seller.
“Sellers have had a great investment with Reed Park as they fully renovated and enjoyed the cash flow for years. However, with a sellers’ market, they were able to make a nice profit with this transaction.” – Kevin Calame, AQYRE Real Estate Advisors.
For more information on this investment or current market conditions, please contact Kevin Calame at AQYRE Real Estate Advisors at 720-738-1939 or Kevin@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 1450 S. Reed Street | Lakewood, CO 80232,
- Number of Units: 42
- Property SF: 33,957 SF
- Sale Price: $8,400,000
- Price Per Unit: $200,000
- Price Per SF: $247
- Cap Rate: 5.30%
