Pinnacle Announces the Sale of 8150 W. 26th Avenue
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 8150 West 26th Avenue located in Lakewood, CO. The 18,763 square foot multifamily building sold for $3,165,000 or $169 per square foot. Matt Lewallen, Principal, represented the seller, Silver Leaf Development, LLC in the transaction. The property was purchased by WBP Leasing Corp.
“With the large 2-bedroom units, excess parking and the excellent condition, the property had tremendous interest. The buyer is looking forward to continuing modest renovations and capitalizing on the burgeoning Lakewood market, while the seller is exchanging into an easier to manage triple net property,” stated Lewallen.