Pinnacle Announces Sale of 11 Unit Apartment Building in Capitol Hill

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 995 Corona Street in Denver, CO. This well-maintained multifamily property has 11 units and was built in 1922. The building is located just off Corona St and East 10th Avenue in the highly desired area of Capitol Hill. The property sold for $1,775,000 or $161,364 per unit. Jeff Johnson, Co-Founder and Principal, with the Johnson Ritter Team, worked with the seller and the buyer in this transaction.

“There was a great deal of competition for this property, but the buyer’s willingness to allow an extended closing date really helped the seller in their search for a 1031 exchange property,” stated Johnson.