Pinnacle Announces the Sale of 240 S Humboldt Street in Denver
Posted on February 1, 2021
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 240 S Humboldt in Denver, Colorado. Located in Denver’s coveted Washington Park neighborhood, the property consists of four 2-Bedroom units and sold for $1,200,000, or $300,000 per unit and $388 per square foot. Advisor Erik Toll facilitated the transaction.
“The asset had been in the Seller’s care for nearly 25 years and the sale allowed he and his family to move comfortably onto their next stage of life,” stated Toll. “The Buyer already owned a property at the end of the block and is well-versed in repositioning multifamily assets – for him, it was a no-brainer and I’m pleased to see this building ended up in the right hands.”