Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 7121 Utica Street in Westminster, CO. The 6-unit, turn-key property, built in 1962, sold for a record high price per unit on March 29^th for a Contract Price of $1,465,000; $244,167 per unit and $361.73 per square foot. Located just a few blocks from the Westminster Light Rail Station, the renovated property featured condo-quality finishes, saw over $31,000 in capital improvements in the last year, and still offered additional income potential through rental upside and adding garages or carports. Luke Salazar, Senior Advisor, and Robert Lawson and Jim Knowlton, Principals represented the Seller in the transaction.

“We were pleased to get the Sellers to the closing table above list price and at a record-breaking price in Westminster.  Their pride of ownership showed and rewarded them on this sale.  They’re excited to distribute their proceeds into a similar asset closer to home and we look forward to working with them further into the future,” said Salazar.

For more information on this sale please contact Luke Salazar at 303-962-9534 or LSalazar@PinnacleREA.com.