Pinnacle Announces Sale Of 3 Unit Value-Add Property In Denver

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1060 N Downing Street in Denver, CO. The 3-unit property, built in 1903, sold on July 12th for a Contract Price of $730,000; $243,333 per unit and $383 per square foot. Located in the highly coveted Capitol Hill neighborhood, the value-add property is located walking distance to Cheesman Park, as well as several bars, restaurants, retail and entertainment venues. The property sold off-market to an experienced investor. Chris Knowlton, Senior Advisor, represented the Seller in the transaction, and Quentin Shore, Associate Advisor, represented the Buyer.

For more information on this sale please contact Chris Knowlton at 303-962-9566 or CKnowlton@PinnacleREA.com; or Quentin Shore at 303-407-9783 or QShore@PinnacleREA.com.