Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of Zuma Lofts located at 3455 West 38^th Avenue in Denver, CO. The 22,236 square foot mixed use building consists of two ground level retail units and 18 multifamily units above. Zuma Lofts sold for $6,860,000 or $309 per square foot. Matt Lewallen, Principal, represented the buyer, RLC Zuma, LLC and the seller, Zuma Lofts, LLC in the transaction.

“The turn-key nature and level of finish made the asset a perfect fit for the buyer’s portfolio.  The seller has enjoyed owning it but looks forward to moving the money into other assets that offer more hands-on oversight,” stated Lewallen.