Pinnacle Real Estate Advisors Announces Sale of a 6-Unit Apartment Building
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 2464-2480 E 14th Avenue located in Denver, Colorado. This multifamily property has 6 units and was built in 1901. The building is located at the corner of East 14th Avenue and Columbine Street. The property sold on April 20, 2016 for $1,435,000 ($239,167/unit; $274.54/square foot). Joe Hornstein and Scott Fetter represented the seller in the transaction.
“This was probably one of the nicest converted mansion investment properties I have sold,” Hornstein said. “The buyers recognized the outstanding location and the quality of the finishes, and were willing to pay a premium for it.”