Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 10316-10326 W 59th Place in Arvada, Colorado. This 8-unit property, consisting of 2 side-by-side 4 plexes, sold on December 30th with a contract price of $950,000; $118,750 per unit and $69 per square foot. The properties featured large 2Br/1Ba units, 8 attached garages, new roofs, and newer furnaces and hot water heaters.

“The Buyer owned an 11-unit property down the street. We helped her do a cash-out refinance on that property which gave her enough cash to purchase W 59th”, said Jim Knowlton.

Jim Knowlton and Robert Lawson, Senior Advisors at Pinnacle Real Estate Advisors, and Chris Knowlton, Associate Advisor at Pinnacle Real Estate Advisors, worked with both the buyer and the seller in this transaction.