Pinnacle Announces 21-Day, All-Cash Sale of Lakewood Apartments

Josh Newell, Owner/Principal, Connor Knutson, Vice President, and Jake Waxter, Associate Advisor, with the Newell Team at Pinnacle Real Estate Advisors, LLC are pleased to announce the sale 8447-8449 W Dakota Avenue in Lakewood, Colorado. The 8-unit apartment building was built in 1985 and sold on September 20th with a contract price of $2,100,000; $262,500 per unit and $227.47 per square foot.  “Our client was excited about the opportunity and executed a full-price contract with a 21-day Close, which the Seller was obviously excited about,” commented Waxter. Josh Newell, Connor Knutson, and Jake Waxter represented the Buyer who paid all-cash for the asset.