Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1536 York Street in Denver, Colorado.  Located in City Park West, the 12-unit multifamily property sold for $1,985,000 or $165,417 per unit.  Erik Toll and Christian Burgdorf represented the buyer in the transaction.

“In spite of the endless challenges posed by COVID-19, we were able to successfully identify and close on a Central Denver apartment building,” stated Erik Toll. “Our client was in a 1031 exchange and was able to convert from a non-producing piece of land to a cash-flowing asset in a top rental submarket.  Everyone involved is pleased to have made it to the finish line.”