Pinnacle Announces the Sale of 10623-10709 W 8th Avenue in Lakewood
Josh Newell and Robert Lawson, Senior Advisors at Pinnacle Real Estate Advisors, LLC announce the sale of 10623-10709 W 8th Ave in Lakewood, Colorado. This 24-unit property sold on September 30th with a contract price of $2,160,000; $90,000 per unit and $155.41 per square foot. The property, constructed in 1961, consisted of 3 separately deeded 8 unit buildings.
“Properties under $100,000 per unit in the West Denver Metro Market are difficult to find and this area is experiencing positive sustainable rent growth,” said Lawson who represented the Buyer. Josh Newell represented the seller in the transaction.