Pinnacle Announces Sale of 14-Unit Value-Add Apartment in Capitol Hill
Posted on October 7, 2021
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 14-unit multifamily property for a contract price of $2,400,000 located at 1325 Corona Street in Denver, Colorado. Jeff Johnson, Co-Founder/Principal and Andrew Monette, Senior Advisor, both members of the Johnson Ritter Team, represented the Seller in the transaction.
“This was a true win-win for both parties involved. The building had been owned for over 20-years, so the Seller was in a great position to capitalize on the incredible market appreciation. The Buyer will be able to add tremendous value to the building, while also improving the immediate area. It was a pleasure working with such great people!”, stated Monette.