Fully occupied 11-unit apartment building sells in Lakewood for 1.35 million

In Brief:

  • Kaufman Hagan sold 11-unit apartment building
  • Property sold for $1,350,000 in Lakewood
  • Building fully occupied at time of sale
  • Louis Passarello and Andrew Vollert represented both sides

LAKEWOOD, Colo. — Kaufman Hagan announced the sale of 1045 Balsam St., an 11-unit apartment building in Lakewood’s Eiber neighborhood, near West Colfax, Sloan’s Lake and downtown Denver.

The property sold for $1,350,000, or about $122,727 per unit and $157.16 per square foot. The building was fully occupied at the time of sale.

Kaufman Hagan brokers Louis Passarello and Andrew Vollert represented both the buyer and seller in the transaction…

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