Pinnacle Announces Sale of 11 Units in Englewood

Quentin Shore, Advisor, Jim Knowlton, Owner/Principal, and Chris Knowlton, Vice President at Pinnacle Real Estate Advisors, LLC, are pleased to announce the sale of 3650 S Lincoln Street in Englewood, CO. The 11-unit property, comprised of all 1Br/1Ba units, sold on May 20th for a contract price of $1,400,000 ($127,273 per unit; $175 per square foot). The property offered a rare opportunity to acquire a value-add asset at a basis well below recent comparable sales in the submarket, creating immediate upside potential. Quentin, Jim and Chris worked with both the Seller and the Buyer in the transaction.

For more information on this sale please contact Quentin Shore at 303-407-9783 or QShore@PinnacleREA.com.