Just Sold: 4-Unit Multifamily Property in Lakewood, CO Closes for $995,000

Denver, CO – December 19, 2024 – NorthPeak Commercial Advisors is pleased to announce the sale of 10541 W 7th Pl., Lakewood, CO 80215.

Jack Sherman and Hunter Schaefer of NorthPeak Commercial Advisors worked with the seller in this transaction.

“We were happy to help our seller achieve a great price in a challenging market. Our marketing resulted in multiple offers that all reflected a sub 5% CAP rate.”

Jack Sherman, NorthPeak Commercial Advisors.

For more information on this investment or current market conditions, please contact Jack Sherman at (303) 903-9638 or Jack@NorthPeakCRE.com.

SALE HIGHLIGHTS

  • Address: 10541 W 7th Pl., Lakewood, CO 80215
  • Sale Price: $995,000
  • Close Date: December 17, 2024
  • Total Units: 4 ($248,750/Unit)
  • Property Size: 3,576 SF ($278/SF)
  • Current Cap Rate: 4.7%
  • Property Type: Multifamily

NorthPeak Broker Team