Pinnacle Announces the Sale of 830 Clarkson Street in Denver

Jim Knowlton and Josh Newell, Senior Advisors at Pinnacle Real Estate Advisors, LLC announce the sale of 830 Clarkson Street in Denver, Colorado. This 7-unit property sold on June 11th with a contract price of $719,000; $102,714 per unit and $155.93 per square foot. The property, constructed in 1915, featured ample parking consisting of 3 garages and 6 off-street parking spaces, and has been well maintained while retaining the original old world charm.

“It was a great value add opportunity. The property sold well below the comparable averages, which leaves a lot of upside for my clients to take advantage of,” said Knowlton who represented the local buyer. Newell represented the local seller in the transaction.