Pinnacle Announces Sale of 6-Unit Apartment Complex in Wash Park
Mark Knowlton, Advisor; Jim Knowlton, Owner/Principal; and Chris Knowlton, Vice President at Pinnacle Real Estate Advisors, LLC, are pleased to announce the sale of 24 South Pennsylvania Street in Denver, CO. The 6-unit property sold on December 16th for a contract price of $850,000 ($141,666 per unit). The multifamily complex features (6) 1-bedroom/1-bath units with on-site laundry and parking for tenants. Mark, Jim, and Chris Knowlton were Transaction Brokers in the transaction.
“It was a pleasure working with both buyer and seller on this transaction to successfully reach the closing table. Both sides successfully achieved their goals and are excited for the next chapter. The new owners are excited for the opportunity to develop their second site of new construction townhomes on the same street in one of Denver’s most sought-after neighborhoods, Washington Park” said Mark Knowlton.
For more information on this sale please contact Mark Knowlton at 719-648-0946 or Mknowlton@pinnaclerea.com