“The seller has been transitioning out of multifamily into more passive investments over the last several years. This property sale will wrap up a long legacy of multifamily ownership. The seller knows the retail climate is changing daily with COVID, but is confident he will find the next winner,” commented Mr. Lewallen.
For more information on this investment or current market conditions, please contact Matt Lewallen at AQYRE Real Estate Advisors at 720.738.1940 or Matt@AQYRE.com.
Name: Golden Leaf Apartments
Address: 1613 Allison Street, Lakewood, CO 80214
Sale Price: $4,085,000
Number of Units: 25
Price Per Unit: $163,400
Property SF: 16,550 SF
Price Per SF: $247
Unit Mix: 20| Studio, 4| 1Bd/1Ba, 15| Garages, 1| Office