Quentin Shore, Advisor, Chris Knowlton, Vice President, and Jim Knowlton, Owner/Principal at Pinnacle Real Estate Advisors, LLC are pleased to announce the sale of 3650 S Cherokee Street in Englewood, CO. The 17-unit value-add property sold on August 16^th for a Contract Price of $2,650,000 ($155,882/Unit). The well-maintained legacy asset, built in 1976, had remained in the family since it was constructed, and consisted of (16) one-bedroom apartments and (1) large two-bedroom unit on a spacious 17,903 square foot parcel. Quentin, Chris, and Jim represented the Sellers in the transaction.

“It was a pleasure working with the Sellers and Buyers in this transaction. The owner’s father was the original builder of this property and it stayed in the family for 48 years! Despite tough current market conditions, we were able to successfully run a full marketing campaign and collected 15+ offers before going under contract with a qualified local buyer. All parties involved in this transaction worked together to find creative ways to get the deal across the finish line.”