Pinnacle Announces Sale of 8-Unit Apartment Building in Denver
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 5545 E. Yale Avenue, Denver, Colorado. This multifamily property has 8 units with the Seller adding one of the units before the sale. The building is located just off the Yale exit and I-25. The property sold on September 12, 2016 for $1,099,000 or $137,375 per unit. Jeff Johnson, with the Johnson Ritter Team, represented the Seller in the transaction.
“With the sale of 5545 E. Yale Ave., our client was able to capitalize on the significant value they added to the property over a short period of time,” stated Jeff Johnson, Principal at Pinnacle Real Estate Advisors.