Pinnacle Announces Sale of 8 Units in Denver

Jim Knowlton, Owner/Principal at Pinnacle Real Estate Advisors, LLC, is pleased to announce the sale of 265 S Yuma Street in Denver, CO. The 8-unit property sold on May 2nd for a Contract Price of $1,650,000 ($206,250/Unit). The property, built in 1961, consisted of (7) 1bedroom/1bathroom units and (1) studio unit, with condo level finishes throughout.  The Seller spent over $500,000 renovating the building, making it a truly turnkey asset. Jim Knowlton represented the Seller in the transaction.