Pinnacle Announces Sale of 6-Unit Apartment in Denver

Charlie Mitelhaus, Associate Advisor, Andrew Monette, Vice President, and Corey Sandberg, Vice President with the Sandberg|Monette Team at Pinnacle Real Estate Advisors, LLC are pleased to announce the sale of 1537 N Pearl St in Denver, Colorado. The 6-unit apartment building, built in 1900, sold on November 6th for a contract price of $955,000; $159,167 per unit and $276.57 per square foot. The renovated Victorian features a diverse unit mix of one studio unit, (3) one-bedroom/one-bathroom units, (1) two-bedroom/one-bathroom unit and (1) three-bedroom/one bathroom unit. The property also includes on-site laundry, a detached two-car garage and on-site tenant storage. Charlie Mitelhaus, Andrew Monette and Corey Sandberg represented both the Seller and the Buyer in this transaction.