Matt Ritter and Jeff Johnson announce the following apartment building sale in Lakewood, Colorado: 1160, 1180 & 1198 S. Allison Street
Posted on Thu, Oct 15, 2009
This 24 unit apartment building is located just 1 mile from Bel Mar in Lakewood, CO. The property was constructed in 1962 and consists of 12 2bd/1ba and 12 1br/1ba units. The property only had one vacant unit at the time of sale.
Matt Ritter and Jeff Johnson represented both the Buyer, ZC Properties, LLC and the Seller, Fred and Doris Steputis in the transaction. This transaction closed on October 15th, 2009 and the contract price was $1,250,000 or $52,083 per unit. The Seller carried the note on the property and the transaction was completed in 30 days.