NorthPeak Commercial Brokers $8.2M Sale of Apartment Community in Glenwood Springs, Colorado

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.