Pinnacle Announces the Sale of 24 Units in Lakewood
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 10623-10709 W 8th Avenue in Lakewood. The 24-unit property, built in 1961, is located on a massive 1.25 acre lot and is within walking distance to the Oak Street Light Rail Station. The property sold on February 14th for a contract price of $3,050,000; $127,083 per unit and $219 per square foot. The property featured 3 separately deeded 8-unit buildings with updated 1Br/1Ba units, off-street parking, and updated electrical. Robert Lawson and Jim Knowlton, Principals, represented the Seller in the transaction.