Pinnacle Announces Sale of 15 Units in Lakewood

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1950-1960 N Upham Street in Lakewood, CO. The 15-unit property, consisting of 4 – 3Br/1Ba units and 11 – 2Br/1Ba units, sold on April 21st for a Contract Price of $3,350,000; $223,333 per unit and $245.96 per square foot. The turn-key property, located just one mile from the Wadsworth Light Rail Station and Edgewater Marketplace, featured spacious and renovated units, well-maintained landscaping and parking, and a newer roof. Robert Lawson, Principal, represented the Seller in the transaction, and Andrew Monette, Senior Advisor, represented the Buyer.