Pinnacle Announces the Sale of 498 W Powers Avenue in Littleton

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 498 West Powers Avenue located in Littleton, CO. The 5-unit property, built in 1972, sold for a contract price of $650,000; $130,000 per unit and $208.94 per square foot. The property, consisting of four 1Br/1Ba units and a back 3Br/3Ba townhouse, features newer windows, newer roof, new boiler and hot water heater, and fresh exterior paint. Chris Knowlton, Associate Advisor with the Knowlton│Lawson Team, represented the buyers in the transaction.

“The buyers own other multifamily properties in the area and saw this as a great opportunity to add to their portfolio,” said Chris Knowlton.