Pinnacle Announces Sale of 12-Unit Apartment in Central Denver

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 12-unit apartment for a contract price of $2,220,000 located at 1030 Washington Street in Denver, Colorado. Andrew Monette, Vice President on the Johnson Ritter Team assisted both parties in the transaction.

“Having owned the asset for almost a decade, the Seller’s return on equity was far lower than expected. The Seller was able to sell at an incredible point in the market and the Buyer acquired a great value-add multifamily in heart of Cap Hill,” stated Monette.

For more information on this sale please contact Andrew Monette.