Denver, CO – January 19, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 10500 W. 8th Avenue in Lakewood, CO.
Senior Advisors Conner Piretti & Greg Johnson (NorthPeak Commercial Advisors) represented the Seller, while Hunter Schaefer (NorthPeak Commercial Advisors) represented the Buyer.
“The Seller was able to reposition the building in just a few years of ownership through renovations and great management, ultimately leading to a nice profit.” – Conner Piretti, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Conner Piretti at 303-818-1805 or Conner@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 10500 W. 8th Avenue, Lakewood, CO 80215
- Number of Units: 8
- Property SF: 4,620 SF
- Sale Price: $1,225,000
- Price Per Unit: $153,125
- Price Per SF: $265
- Cap Rate: 4.40%
