Pinnacle Announces Sale of 12 Units in Westminster
Posted on October 10, 2024
Chris Knowlton, Vice President at Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 7030 Stuart Street and 4260 W 70th Place in Westminster, CO. The 12-unit property, consisting of 2 side by side 6-unit buildings, sold on October 4th for a Contract Price of $2,035,000 ($169,583/Unit). The property, located near the Westminster Light Rail Station, featured all 2Br/1Ba units and had numerous capital improvements completed at both buildings. The Buyer plans to continue to renovate units as they come vacant and increase rents to market. Chris Knowlton facilitated the transaction with both Buyer and Seller.