Pinnacle Announces Sale of 8 Unit Turn-Key Property in Denver
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 610 Winona Court Denver, CO. The 8-unit property, built in 1971, sold on March 31st for a Contract Price of $1,625,000; $203,125 per unit and $313.95 per square foot. The property consists of (8) 1Br/1Ba units that have been completely renovated with stainless steel appliances and in-unit washer dryers. Located along the Denver/Lakewood border, the turn-key property is minutes away from Sloan’s Lake and Downtown Denver. “The property sold off-market to an experienced 1031 investor who was excited about the opportunity to acquire a renovated asset with solid rental upside,” said Mark Knowlton. Mark Knowlton, Associate Advisor, and Jim Knowlton, Principal, represented the Buyer. Chris Knowlton, Vice President, represented the Seller in the transaction.
For more information on this sale please contact Mark Knowlton at 720-638-5404 or MKnowlton@PinnacleREA.com; Chris Knowlton at 303-962-9566 or at CKnowlton@PinnacleREA.com; Jim Knowlton at 303-962-9543 or JKnowlton@PinnacleREA.com;