Just Sold: Full Asking Price – 6 Units in West Lakewood

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Denver, CO, September 9th, 2020 – 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%

The Sherman Hawthorne Team

Jack Sherman
Advisor
Email:jack@aqyre.com
Direct:720.738.1942

Dan Hawthorne
Advisor
Email:dan@aqyre.com
Direct:720.738.1941

 

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