Pinnacle Announces the Sale of 3710 Eliot Street in Denver

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 3710 Eliot Street located in Denver, CO. The 5,305 square foot multifamily building sold for $1,240,000 or $234 per square foot. Matt Lewallen, Principal, represented the buyer, 3710 Eliot St., LLC and seller, Leroy Opp in the transaction.

“Both buyer and seller are excited with the transaction.  The property was in need of a renovation which the seller didn’t have a strong desire to do, which left benefit for the buyer to renovate and reposition the asset,” stated Lewallen.