Denver, CO – June 21, 2023 – NorthPeak Commercial Advisors is pleased to announce the sale of 7280 & 7325 Tennyson St., Westminster, CO 80030.
Kevin Calame and Matt Lewallen of NorthPeak Commercial Advisors represented the buyer and seller in this transaction.
“Though the market has been challenging, we were able to present this in a manner that resulted in multiple group tours, competition, and ultimately an over ask sales price with a very short contingency period.”
– Matt Leawllen, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Matt Lewallen at 303-210-1623 or Matt@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 7280 & 7325 Tennyson St., Westminster, CO 80030
- Sale Price: $1,525,000
- Closed Date: June 12, 2023
- Property Size: 7,296 SF ($209/SF)
- Units: 8 ($190,625/Unit)
- Cap Rate: 5.1%
- Property Type: Multifamily
