Apartment Building Sale – Denver

Price: $1,200,000

Units: 24

Address: 1400 W MISSISSIPPI AVENUE

City: DENVER

State: CO

ZIP: 80223

PINNACLE ANNOUNCES SALE OF 1400 W MISSISSIPPI AVE

Denver, CO – April 1^st, 2014 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1400 W Mississippi Ave located in Denver, Colorado. This multifamily property consists of 24 units and was built in 1963. The building is conveniently located with easy access to both I-25 and Santa Fe Drive. It sold on April 1^st, 2014 for $1,200,000, $50,000 per unit or $86.64 per square foot. Jim Knowlton and JB Hochman represented the sellers in this transaction.

For more information, please contact Jim Knowlton at 303.962.9543.

About Pinnacle Real Estate Advisors Pinnacle Real Estate Advisors is a full-service commercial real estate brokerage firm servicing clients globally who own commercial properties in the metro Denver area and throughout Colorado. Our expertise encompasses all commercial real estate property types. We have experienced advisors specializing in apartment building sales and acquisition; retail property sales, leasing and acquisition; office property sales, leasing, tenant representation, and acquisition; and industrial property sales, leasing and acquisition. The Pinnacle Experience™ is a unique approach that is focused on each client’s needs, delivering superior real estate guidance, proven market perspective and unmatched results. Pinnacle Real Estate Advisors combines market expertise with a Full Spectrum Marketing™ campaign that delivers innovative real estate solutions that are client-centric and relationship focused.