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GLENWOOD SPRINGS, COLO. — NorthPeak Commercial Advisors has arranged the sale of a multifamily property located at 228 Auburn Ridge Lane in Glenwood Springs, a resort city approximately midway between Denver and the Utah border.
The property traded for $8.2 million, or $171,875 per unit. The 30,376-square-foot asset features 48 apartments.
Kevin Calame and Matt Lewallen of NorthPeak handled the transaction.