Pinnacle Announces the Sale of 2324 Federal Boulevard
Posted on June 4, 2018
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 2324 Federal Boulevard in Denver, CO. The value-add 4-plex, built in 1947, is located less than half a block from Jefferson Park and just minutes to Downtown, The Highlands, and Sloan’s Lake. The property sold on May 25th for a contract price of $1,200,000; $300,000 per unit and $243 per square foot. The property featured 3 bedroom/2 bathroom units, all separately metered for gas and electric, and included 10 off-street parking spaces. Robert Lawson and Jim Knowlton, Principals, and Chris Knowlton, Associate Advisor, represented the buyer in the transaction.