Denver, CO, – AQYRE Real Estate Advisors is pleased to announce the sale of a 6-unit multifamily property, located at 1140 S. Arbutus Street in Lakewood, Colorado for $1,080,000.
“This was a unique transaction that was originated in the peak of COVID-19 shutdowns. Through creative techniques, and patient clients, both sides of the deal were able to work together to get to the closing table at the full listing price while still achieving their goals,” according to Jack Sherman, AQYRE Real Estate Advisors.
The Sherman Hawthorne team represented both sides of this transaction.
For more information on this investment or current market conditions, contact Jack Sherman at 720-738-1942 or Jack@AQYRE.com.
SALE HIGHLIGHTS
Address: 1140 S. Arbutus Street, Lakewood, CO 80228
Price: $1,080,000
Units: 6
Price/Unit: $180,000
Price/SF: $184
Current CAP: 5.1%
Proforma CAP: 5.4%
ABOUT AQYRE REAL ESTATE ADVISORS
We’re a collection of experienced real estate brokers committed to relationships built on results. We share a belief that our client’s goals take priority over our transaction results and we’ve been rewarded with long-term relationships with investors who trust us. As a brokerage, we are committed to remaining a small firm with high caliber individuals allowing investors more access to experienced advisors – we stress quality over quantity. We are not defined by our individual success; we are defined by the success of investors who we are fortunate to call clients.
