Pinnacle Announces Sale of 7-Unit Apartment Building in Wheat Ridge

Josh Newell, Owner/Principal at Pinnacle Real Estate Advisors, LLC, is pleased to announce the sale of 10717 W 38th Avenue in Wheat Ridge, CO. The 7-unit apartment building, built in 1969 and composed entirely of two-bedroom, one-bathroom units, closed on July 31st at a contract price of $1,590,000, or $227,143 per unit and $243 per square foot. Josh Newell represented the Seller.

“The Sellers owned and self-managed this property for almost fifty years, and it was important to them to feel taken care of throughout the process,” said Newell. “We found a first-time Buyer who performed in just 53 days and the Sellers were extremely pleased with the outcome. At over $227,000 per unit for a 60’s built, all two-bedroom asset, this is an exceptionally strong sale for Wheat Ridge in 2026.”

For more information on this sale please contact Josh Newell at 303-962-9559 or JNewell@PinnacleREA.com.