78
LAKEWOOD, COLO. – A 48-unit apartment complex located at 1700-1790 Kendall Street in Lakewood was sold to a local non-profit organization for $2,673,000. The organization funded the transaction through the Neighborhood Stabilization Program (NSP2). It also plans to make significant capital improvements to the property to provide an attractive affordable housing option for low-income families. Joe Hornstein of Pinnacle Real Estate Advisors assisted both the buyer and the seller, a private lender, in this transaction.