Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 2035 South Josephine Street located in Denver, CO. The 21,674 square foot, 40 unit multifamily building sold for $6,850,000 or $316 per square foot and $171,250 per unit. Kevin Calame, Principal, represented seller, Old Faithful Properties, LLC in the transaction. The buyer was Michael Blackman.

“The seller saw an opportunity to sell at a favorable price and trade into a more passive retail investment property,” stated Calame.