Investors Paul and Joyce Johanson are buying the Keri Lyn Apartments at 5340 W. 10th Ave. in Lakewood, a Denver suburbs. The sale price is a 53.4% premium for its appraised value of $831,000, according to a search of public records by GlobeSt.com.
The 32-year-old property consists of 10 studios, 19 one-bedroom units and one two-bedroom apartment, according to Grubb & Ellis, who handled the sale.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.