Luke Salazar, Vice President, Robert Lawson, Principal, and Jim Knowlton, Owner/Principal at Pinnacle Real Estate Advisors, LLC, are pleased to announce the sale of 1937 Goss Street in Boulder, CO. The 11-unit value-add asset sold on May 19^th for a contract price of $3,400,000 ($309,091 per unit; $642.72 per square foot). This well-located property, nestled just blocks from the University of Colorado and bustling Pearl Street in Goss Grove, presents a rare opportunity for repositioning in one of the most desirable rental markets in the state. Luke, Robert and Jim represented both the buyer and seller in a smooth and collaborative deal process.

“This was a compelling opportunity in one of Colorado’s most dynamic rental markets. The seller owned the property for a significant period and saw this as an opportunity to maximize his equity,” said Salazar. “Assets like 1937 Goss Street—walkable to campus, retail, and transit—are increasingly rare, and the purchaser was eager to add another, value-add opportunity in Boulder.”

Financing for the acquisition was secured through Chase Bank, providing a traditional lending package that helped bring the deal to a successful close.