Pinnacle Announces the Sale of 80 S Washington Street
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 80 S Washington Street in Central Denver. The 7-unit property, built in 1953, is located in the highly desirable West Wash Park neighborhood. The property sold on July 25th, for a contract price of $1,180,000; $168,571 per unit and $285 per square foot. The property featured (2) 2Br/1Ba units, (1) 1Br/1Ba unit, and (4) Studios. Chris Knowlton, Advisor, Robert Lawson and Jim Knowlton, Principals, represented the Seller in the transaction, and Chris Knowlton, Advisor, represented the Buyers in this transaction.
“The buyers plan to renovate the units and increase the rents to market levels,” said Chris Knowlton.