Apartment Building Sale – Denver

Sold

Price: $990,000

Units: 4

Address: 1545 VINE STREET

City: DENVER

State: CO

ZIP: 80206

 

PINNACLE ANNOUNCES SALE OF 1545 VINE STREET IN DENVER

Denver, CO – August 4, 2015 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1545 Vine Street in Denver, Colorado. This 4-unit property sold on July 31st with a contract price of $990,000; $247,500 per unit and $214.80 per square foot. The property, constructed in 1905, has been completely updated with condo-quality finishes, hardwood floors throughout, brand new roof and landscaping.

“The seller was considering listing the property and allowed us to show the building before officially taking it to market and on the first showing we had an offer that was acceptable to the seller! The lack of inventory is Central Denver is at an all-time high and well-maintained buildings in great locations are selling as quickly as we can get them in front of buyers,” said Lawson.

Jim Knowlton, Senior Advisor at Pinnacle Real Estate Advisors, represented the Buyer, and Robert Lawson, Senior Advisor at Pinnacle Real Estate Advisors, represented the Seller.

For more information, please contact Jim Knowlton or Robert Lawson at 303-962-9543/303-962-9537.

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:$990,000
Address:1545 Vine Street
City:Denver
State:CO
Zip Code:80206
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