Pinnacle Announces Sale Of 8-Unit Apartment Building in Denver

Josh Newell, Owner and Principal at Pinnacle Real Estate Advisors, LLC, is pleased to announce the successful sale of 1230 Washington Street in Denver, CO.

The historic 8-unit apartment building, originally constructed in 1890 and comprising all one-bedroom/one-bathroom units, closed on April 02, 2026 at a contract price of $1,020,000 – equating to $127,500 per unit and $292.85 per square foot.

Josh Newell represented the Sellers in the transaction. Reflecting on the deal, Newell noted that the property faced operational headwinds in 2025 and into early 2026, which created motivation for the Seller to divest the asset and move forward.

For more information on this sale please contact Josh Newell at 303-962-9559/JNewell@Pinnaclerea.com.