Pinnacle Announces Sale of Virginia Marie Apartments in Wash Park

Chris Knowlton, Vice President, Mark Knowlton, Advisor, and Jim Knowlton, Owner/Principal, with the Knowlton Lawson Team at Pinnacle Real Estate Advisors, LLC are pleased to announce the sale of the Virginia Marie Apartments at 600 S Logan Street in Denver, CO. The 12-unit property sold on July 7th for a Contract Price of $2,285,000; $190,417 per unit. The vintage, legacy asset located in the heart of West Wash Park boasts easy access to local retail, bars and restaurants on South Broadway and Old South Gaylord Street. The property featured (9) large 1Br/1Ba units and (3) spacious studio units with a private courtyard and 5 income producing garages.

“This was the third successful transaction with the Seller in the past year as she transitions out of multifamily acquisitions and dispositions, and moves into retirement,” said Mark Knowlton.