Pinnacle Announces Sale of 9 Units in Central Denver

Jim Knowlton, Owner/Principal, and Chris Knowlton, Vice President at Pinnacle Real Estate Advisors, LLC, are pleased to announce the sale of 1291 Gaylord Street in Denver, CO. The 9-unit property sold on December 1st for a contract price of $1,325,000 ($147,222 per unit; $280 per square foot) to a Buyer in a 1031 exchange. The property, comprised of (5) Studios and (4) 1Br/1Ba units was located just blocks away from Cheesman Park. Jim Knowlton represented the Seller, and Chris Knowlton, represented the Buyer in the transaction.

For more information on this sale please contact Jim Knowlton at 303-962-9543 or JKnowlton@PinnacleREA.com, or Chris Knowlton at 303-962-9566 or CKnowlton@PinnacleREA.com