Josh Newell, Owner/Principal, Connor Knutson, Vice President, and Will Sjogren, Associate Advisor with the Newell Team at Pinnacle Real Estate Advisors, LLC are pleased to announce the sale of 1289 Yukon Street, Lakewood, CO. The 20-unit apartment building, built in 1973, sold on June 15th with a contract price of $2,100,000. Josh Newell commented that “this was a challenging asset with significant deferred maintenance and a heavy lift for the right Buyer. We were able to identify an investor with the vision and appetite to look past the property’s condition and recognize the underlying value at an exceptionally attractive basis. Sourcing the right Buyer for a deal like this takes real market depth and we’re proud of the outcome we delivered for both sides of the transaction.” Josh Newell, Connor Knutson, and Will Sjogren represented both the Seller and Buyer in the transaction.

For more information on this sale please contact Josh Newell at 303-962-9559/JNewell@Pinnaclerea.com, Connor Knutson at 303-962-9567 / CKnutson@Pinnaclerea.com, or Will Sjogren at 303-962-9561/WSjogren@Pinnaclerea.com