Pinnacle Announces the Sale of 1800 Fenton Street in Lakewood

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1800 Fenton Street located in Lakewood, CO. The 11,920 square foot multifamily building sold for $2,100,000 or $176.17 per square foot.  Kevin Calame, Principal, represented the seller, JMDR Fenton, LLC in the transaction. Matt Lewallen, Principal, represented the buyer, DHS, LLC in the transaction.

“The Fenwood was a perfect fit for the buyer group as they were able to exchange out of an office asset and into this multifamily property, which is in close proximity to other multifamily properties they have in the neighborhood,” stated Lewallen. “They will continue to clean up the operations and blend it into their existing portfolio.”