NorthPeak Commercial Advisors Brokers $8.2M Sale Of Glenwood Springs Multifamily

NorthPeak Commercial Advisors has successfully brokered the sale of a multifamily property situated at 228 Auburn Ridge Lane in Glenwood Springs, CO. The property consists of 48 units with a total sale price of $8,200,000, resulting in an average price per unit (PPU) of $170,833. The property spans a total of 30,376 square feet, equating to a price per square foot (PPSF) of $270.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,200,000
• Units: 48
• PPU: $170,833
• Square Feet: 30,376
• PPSF: $270
• Address: 228 Auburn Ridge Lane, Glenwood Springs, CO
• Market: Glenwood Springs, CO

The sale was facilitated by Kevin Calame and Matt Lewallen from NorthPeak Commercial Advisors. They played a crucial role in ensuring the successful transaction of this multifamily property.