Recent Colorado Commercial Property Sales

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Apartment Building Sale in Arvada: Wadsworth Arms - 6700 Wadsworth Blvd

apartment building sale in Arvada - 6700 Wadsworth BlvdWadsworth Arms is a multifamily property in Arvada that was constructed in 1957 consisting of 26 large, 2bd/1ba apartment units.

Josh Newell, commercial real estate broker and Senior Advisor for Pinnacle Real Estate Advisors in Denver, represented the Seller in the transaction. Newell commented that “the out-of state Buyer was attracted to the size of the units in addition to the large, private patios on the first floor.” The transaction closed on August 24, 2010 with contract price of $1,500,000 or $57,692 per unit. This represents Newell’s fifth apartment transaction in Arvada thus far in 2010.

For more information on this apartment building sale in Denver or other Colorado commercial real estate transactions please contact Josh Newell at 303-962-9555.