Pinnacle Announces Sale of 19 Units in Lakewood

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 8150 W 26th Avenue in Lakewood, CO. The 19-unit property, consisting of 18 – 2Br/1Ba units and 1 – studio unit, sold on April 28th for a Contract Price of $4,200,000; $221,053 per unit and $223.84 per square foot. The property, located on a large 0.83-acre lot across the street from Crown Hill Park and Wildlife Sanctuary, featured a new boiler, new roof, new windows, and 14 of the 19 units have been renovated. Luke Salazar, Associate Advisor, and Jim Knowlton and Robert Lawson, Principals, represented the Buyer in the transaction.