Denver, CO – September 29, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of Lakewood Village, located at 1409 Allison St in Lakewood, CO.
Principals Joe Hornstein & Scott Fetter (NorthPeak Commercial Advisors) represented both parties in this transaction.
“We listed this mobile home park back in February and were blown away by all of the interest from national and local MHP investment community,” Hornstein said. “The price was bid up several hundred thousand dollars and buyer had a significant amount of non-refundable earnest money day one.” – Joe Hornstein, NorthPeak Commercial Advisors
For more information on this investment or current market conditions, please contact Joe Hornstein at 720-939-2943 or Joe@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Property Type: Mobile Home Park
- Closed Date: September 29, 2021
- Address: Lakewood Village | 1409 Allison St, Lakewood, CO 80214
- Sale Price: $8,050,000
- Number of Sites: 53 ($101,887/Site)
- Cap Rate: 7.33%
