Pinnacle Announces the Sale of 520 E 1st Avenue

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 520 East 1st Avenue located in Denver, CO. The 2,290 square foot Victorian triplex sold for $710,000 or $236,667 per unit. JB Hochman, Principal, and Erik Toll, Associate Advisor, represented the seller, the Estate of John V. Accashian, in the transaction.

“Realizing the high demand for investment properties in the neighborhood, the buyer made a cash offer with a tight closing period,” stated Toll.