Pinnacle Announces the Sale of 2324 Federal Boulevard in Denver
Posted on October 6, 2020
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 2324 Federal Boulevard in Denver, CO. The 4-unit property, built in 1947, sold on October 5th for a contract price of $1,725,000; $431,250 per unit and $407 per square foot. The fully renovated property featured four large 3Br/2Ba units with 10 deeded off-street parking spaces, and individual washer/dryers, A/C units and gas and electric meters. The property sold at a 7.0% CAP Rate. Robert Lawson and Jim Knowlton, Principals, represented the Seller in the transaction.