Apartment Building Sale – Lakewood

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Price: $3,150,000

Address: 9885 W 21ST AVENUE


State: CO

ZIP: 80215


Lakewood, CO – August 25th, 2020 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 9885 W 21st Avenue in Lakewood, CO. The 16-unit property, built in 1961, sold on August 25th for a contract price of $3,150,000; $196,875 per unit and $221 per square foot. The fully remodeled property featured 16 turn-key 2Br/1Ba units with off-street parking and individual tenant storage lockers. Recent capital improvements included newer swamp coolers, exterior paint and landscaping, boiler and hot water heaters, electrical panels, laundry equipment, windows, patio sliders, exterior and interior paint and lighting, and beautifully updated interiors. Robert Lawson and Jim Knowlton, Principals, and Luke Salazar, Associate Advisor represented both the Seller and the Buyer in the transaction.

For more information, please contact Robert Lawson at 303-962-9537.

Pinnacle Real Estate Advisors
Pinnacle Real Estate Advisors is a full-service commercial real estate brokerage firm servicing clients globally who own commercial properties in the metro Denver area and throughout Colorado. Our expertise encompasses all commercial real estate property types. We have experienced advisors specializing in apartment building sales and acquisition; retail property sales, leasing and acquisition; office property sales, leasing, tenant representation, and acquisition; and industrial property sales, leasing and acquisition. The Pinnacle Experience™ is a unique approach that is focused on each client’s needs, delivering superior real estate guidance, proven market perspective and unmatched results. Pinnacle Real Estate Advisors combines market expertise with a Full Spectrum Marketing™ campaign that delivers innovative real estate solutions that are client-centric and relationship focused. In 2019, Pinnacle Real Estate Advisors closed 272 transactions for a total of $608 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/properties.


Address:9885 W 21st Avenue
Zip Code:80215

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