Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1220 Allison Street located in Lakewood, CO. The 8,837 square foot multifamily building sold for $1,770,000 or $200 per square foot. Kevin Calame, Principal, represented the buyers Bannock Street Holdings, LLC, E&K Investing, LLC, and T&R Investments, LLC in the transaction. Matt Lewallen, Principal, represented the seller 1220 Allison St, LLC in the transaction.

“The buyer plans to do light renovations, raise rents, and have a long-term investment with good cash flow,” stated Calame.