Denver, CO – July 16, 2025 – NorthPeak Commercial Advisors is pleased to announce the sale of 1115 Carr St., Lakewood, CO 80214.
Hunter Schaefer, Jack Sherman, Kevin Calame, and Matt Lewallen of NorthPeak Commercial Advisors worked with the seller in this transaction.
“Our team at NorthPeak was pleased to be chosen to sell this deal for a family that has owned this property for nearly 30 years. We leveraged multiple brokerage relationships to source 17 tours including this 1031 Buyer out of California. Ultimately, we delivered a monster price per unit of over $283,000/unit. There have been multiple transactions in this pocket recently that point towards improving quality of housing for renters.”
– 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: 1115 Carr St., Lakewood, CO 80214
- Sale Price: $1,700,000
- Close Date: July 16, 2025
- Total Units: 6 ($283,333/Unit)
- Property Size: 9,600 SF ($177/SF)
- Current Cap Rate: 6.48%
- Pro Forma Cap Rate: 7.38%
- Property Type: Multifamily
