COUNTRY CLUB GARDENS SELLS FOR $2.3M

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LAKEWOOD, COLO. – The 32-unit Country Club Gardens in Lakewood has sold to an unnamed buyer for $2.3 million. This was the highest sales price per unit for an apartment building over 15 units in Lakewood in more than four years, according to Josh Newell of Pinnacle Real Estate Advisors. Newell and the Calame Lewallen Team at Pinnacle Real Estate Advisorsrepresented the seller, The Salvation Army, in this transaction. The apartment community was built in 1962 at 1160 Pierce Street. Kevin Calame and Matt Lewallen also represented the buyer.

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