Denver, CO – May 8, 2026 – NorthPeak Commercial Advisors is pleased to announce the sale of Villa Rosa Apartments located at 10705 W 7th Ave., Lakewood, CO 80215.
Hunter Schaefer and Jack Sherman of NorthPeak Commercial Advisors worked with the seller in this transaction.
“This was a long term owner who was ready to cash out and retire. The property has some difficulties with historical vacancy, but we were able to work with management to improve leasing prior to the sale. In total we sourced 19 tours and 5 offers to deliver the best possible price and terms.”
– 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: 10705 W 7th Ave., Lakewood, CO 80215
- Sale Price: $1,495,000
- Close Date: May 8, 2026
- Total Units: 9 ($166,111/Unit)
- Property Size: 7,616 SF ($196/SF)
- Current Cap Rate: 7.1%
- Property Type: Multifamily
