Westminster Fourplex Sold for $585,000

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 7320 Tennyson Street in Westminster, Colorado. The 4-unit property, built in 1971, sold on December 30th with a contract price of $585,000; $146,250 per unit and $149.77 per square foot.  The property, located just one mile from the new Westminster Light Rail Station, features large two-bedroom townhome style units, with washer/dryers in unit, private patios and off-street parking.

“The Seller is planning to do a Tax Deferred 1031 Exchange into a larger multi-family property to increase his cash flow,” said Chris Knowlton.

Jim Knowlton and Robert Lawson, Senior Advisors, and Chris Knowlton, Associate Advisor, along with The Knowlton Lawson Team represented the seller in the transaction.