Pinnacle Announces the Sale of 2324 Federal Boulevard

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.