Capstone has closed the sale of 947 Allison St in Lakewood, a 12,960 SF, 15-unit multifamily property for the sale price of $2,400,000. Austin Smith of Capstone represented the Buyer in the transaction.
This transaction included a multifamily property with twelve 1 bed/1 bath and two 2 bed/1 bath. Along with one 3 bed/ 2 bath house located on the same parcel. Property includes off-street parking and two onsite laundry facilities.
947 Allison is conveniently located on W 10th and Allison St, with easy access to 6th Ave Freeway and W Colfax. Residents love the location in Lakewood with a Starbucks steps away and a Walmart Supercenter to the south.
The Seller kept the property in impeccable condition inside and out through well executed renovations and maintenance. The buyer will spend capital in the coming years to keep the building in great conditions for the residents.
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About Capstone:
The goal of Capstone is to help generate, maintain, and increase the value and profitability of our clients’ multi-housing investment properties. To do so, we provide comprehensive multi-housing advisory services in asset acquisition and development, strategic ownership decisions, market insight and positioning, property value analysis, and disposition brokerage to support our clients in every stage of ownership. This comprehensive multi-housing-focused service offering paired with our relentless drive to win on behalf of our clients is what sets us apart from pedestrian brokerage firms. Capstone simply put: Expertise. Experience. Extra-Mile.