Denver, CO – June 30, 2026 – NorthPeak Commercial Advisors is pleased to announce the sale of 1220 Allison St., Lakewood, CO 80214.
Hunter Schaefer and Jack Sherman of NorthPeak Commercial Advisors worked with the seller in this transaction.
“We were pleased to source 11 tours and a strong exit price for our Seller. We leveraged our relationships with outside brokers to source an all cash CA Buyer who closed in less than 30 days. The property had some leasing challenges that we were able to work through.
The property fetched over $195,000/Unit for fully renovated 2 bedrooms with in unit laundry and car ports. The Seller plans to trade into a passive DST for retirement planning.”
– Hunter Schaefer, NorthPeak Commercial Advisors
For more information on this investment or current market conditions, please contact Hunter Schaefer at (925) 989-8930 or Hunter@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 1220 Allison St., Lakewood, CO 80214
- Sale Price: $2,350,000
- Close Date: June 30, 2026
- Total Units: 12 ($195,833/Unit)
- Property Size: 8,837 SF ($266/SF)
- Current Cap Rate: 6.31%
- Property Type: Multifamily
