Pinnacle Announces the Sale of 1690 Yarrow Street

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1690 Yarrow Street located in Lakewood, CO. This unique sale included a 3,600 square foot multifamily building plus a 900 square single-family home and traded hands for $1,095,000 or $243.33 per square foot. JB Hochman, Principal, and Erik Toll, Associate Advisor, represented the seller in the transaction.

“The property was freshly renovated in 2016 and already achieving premium rents,” stated Toll.  “Mom and pop investors seeking yield have been increasingly priced out of Central Denver.  This asset represented an opportunity to capture immediate yield in an appreciating Jefferson County submarket.”