Pinnacle Announces the Sale of 1117 Pennsylvania Street in Denver
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1117 Pennsylvania Street located in Denver, CO. The 7,594 square foot multifamily building sold for $2,800,000 or $369 per square foot. Kevin Calame, Principal, represented the buyer, LaMont Intrados, LLC in the transaction and was able to secure a successful closing in just 17 days! Leon and Sherrie Sutton were the sellers in the transaction.
“The buyer was looking for a Central Denver deal and because he was able to close quickly, in under two weeks, the seller was willing to discount the price,” stated Calame.