Pinnacle Announces the Sale of 2465 S Gaylord Street
Posted on December 20, 2019
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 17 unit apt complex for $3,525,000 located at 2465 S Gaylord in Denver, Colorado. Michael J. Krebsbach, Senior Advisor, represented the Seller, The Flats at DeBoer Park, LLC in the transaction.
Our seller chose to sell the property after they had completed their value-add program. They had done a high-end renovation to all 17 units, replaced the roof, new exterior paint, among many other improvements/updates. The Buyer saw the value in the turnkey nature of the property and appreciated the high-end finishes. The Buyer paid all cash and closed in 30 days. They plan to hold the property for cash flow purposes.