Denver, CO – October 3, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 7095 W 13th Ave., Lakewood, CO 80214.
Scott Fetter and Joe Hornstein of NorthPeak Commercial Advisors represented the seller in this transaction.
“We’re pleased to get this one to the finish line. The macro environment around transactions right now means that Buyers and Sellers really need to work together to get deals to the closing table – and that’s exactly what happened here. The Buyer was able to use this sale as part of a 1031 Exchange and the Seller, who is pleased to get $225,000/unit in this tricky market, will look for an exchange opportunity moving forward.”
– Scott Fetter, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Scott Hornstein at 720-470-3646 or Scott@NorthPeakCRE.com
SALE HIGHLIGHTS
- Address: 7095 W 13th Ave., Lakewood, CO 80214
- Sale Price: $3,150,000
- Closed Date: September 30, 2022
- Number of Units: 14 ($225,000/Unit)
- Property Size: 12,010 SF ($262/SF)
- Property Type: Multifamily
