Price: $560,000
Units: 6
Address: 6203 DOVER STREET
City: ARVADA
State: CO
ZIP: 80004
PINNACLE ANNOUNCES SALE OF 6203 & 6215 DOVER STREET IN ARVADA
Denver, CO – April 29, 2015 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 6203 & 6215 Dover Street in Arvada, Colorado. The two, adjacent 6-unit multifamily properties sold on April 24th with a contract price of $1,120,000; $93,333 per unit and $112.72 per square foot. The properties, with a combined total of 9,936 rentable square feet, were built in 1971. Jim Knowlton, Jeff Johnson and Greg Breslau represented the Seller in the transaction.
“We had multiple offers on these properties. The buyer that we went with was in a 1031 exchange out of California and made a very aggressive offer at $20,000 over list price, with non-refundable earnest money at MEC,” stated Jim Knowlton, Senior Advisor at Pinnacle Real Estate Advisors.
For more information, please contact Jim Knowlton at 303-962-9543 or email JKnowlton@PinnacleREA.com.
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. In 2014, Pinnacle Real Estate Advisors closed 307 transactions for a total of $366 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.
| Price: | $560,000 |
| Address: | 6203 Dover Street |
| City: | Arvada |
| State: | CO |
| Zip Code: | 80004 |