Pinnacle Announces Sale of 4-Unit Apartment Building in Denver
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 4750 West 13th Avenue in Denver, Colorado. This multifamily property has 2-3bd/1ba and 2-2bd/1ba units and was built in 1959. The building is located only four blocks from the Sheridan Light Rail Station and within walking distance to Sloan’s Lake. The property sold on November 16, 2016 for $665,000 or $166,250 per unit. Joe Hornstein and Scott Fetter, along with the Hornstein│Fetter Apartment Group represented the seller in this transaction.
“We received five offers within a couple days of hitting the market and the property closed $15,000 over asking price,” Hornstein said.