Pinnacle Real Estate Announces the Sale of 1641 Vine Street in Denver

Erik Toll, Associate Advisor at Pinnacle Real Estate Advisors, LLC , and Jim Knowlton, Principal at Pinnacle Real Estate Advisors, LLC, are pleased to announce the sale of 1641 Vine Street located in Denver, CO. The 9-unit property, built in 1906, sold for a contract price of $1,195,000; $132,778 per unit and $234.54 per square foot. The property, located in the Uptown Neighborhood close to City Park and Cheesman Park, featured updated units with hardwood floors, Berber carpet, high ceilings and large windows. Erik Toll, with the Hochman│Brockman Team represented the Seller in the transaction, and Jim Knowlton with the Knowlton│Lawson Team represented the Buyer in the transaction.

“The property had solid bones and offered the Buyer a great opportunity to add 9 units to his portfolio, just a few blocks away from another property that he owns,” said Knowlton.