Lakewood, CO – June 29, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 757-761 Oak St in Lakewood, CO.
Advisor Hunter Schaefer (NorthPeak Commercial Advisors) represented both parties in this transaction.
“This was an off market deal with a Buyer in a 1031 and a Seller looking to move into a more passive NNN investment. The Seller had owned and self-managed for about 15 years and kept the building in excellent condition.” – Hunter Schaefer, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Hunter Schaefer at 925-989-8930 or Hunter@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Sold Date: June 17, 2021
- Property Type: Multifamily
- Address: 757-761 Oak St | Lakewood, CO 80215,
- Number of Units: 12
- Property SF: 10,728 SF
- Sale Price: $2,376,000
- Price Per Unit: $198,000
- Price Per SF: $221
- Cap Rate: 5.60%
