Josh Newell, Owner/Principal, Connor Knutson, Vice President and Will Sjogren, Associate Advisor with the Newell Team at Pinnacle Real Estate Advisors, LLC are pleased to announce the sale of 7515 W 8^th Place in Lakewood, CO. The 20-unit apartment building was built in 1960 and sold on September 8^th with a contract price of $2,600,000. Connor Knutson commented that “This was a complex asset, marked by significant deferred maintenance and a substantial scope of work for the eventual buyer. Identifying an investor with both the vision to look past the property’s condition and the conviction to recognize its underlying value — at an exceptionally attractive basis — required real depth of market reach. We’re proud of the outcome we delivered for both sides of the transaction.” Josh Newell, Connor Knutson and Will Sjogren represented both the Seller and Buyer in the transaction.

For more information on this sale please contact Josh Newell at 303-962-9559 / JNewell@Pinnaclerea.com, Connor Knutson at 303-962-9567 / CKnutson@Pinnaclerea.com, or Will Sjogren at 303-962-9561 / WSjogren@Pinnaclerea.com.