Pinnacle Announces the Sale of 1639 Race Street

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1639 Race Street located in Denver, CO. The 7,818 square foot multifamily building sold for $2,350,000 or $300.59 per square foot. Kevin Calame, Principal, represented the buyer and seller in the transaction.

“The seller owned the property for over 20 years and felt this was a good time to sell and trade into something where there was less management and greater return,” stated Kevin Calame. “The buyer saw this as a great opportunity to own a quality piece of real estate in a class A location.”