Josh Newell, Principal, and Barton Thompson, Associate Advisor, at Pinnacle Real Estate Advisors, LLC, announce the sale of 1951 Upham Street in Lakewood, Colorado. The 7-unit apartment building sold on November 29, 2018 with a contract price of $1,150,000; $164,286 per unit and $211.20 per square foot.

“The building was in excellent condition, well-maintained by the original owners.  The property was a great fit for the out-of-state buyer who was in a 1031 exchange.” – Barton Thompson

The property was constructed in 1961. Newell and Thompson represented the local seller and the buyer in the transaction.