Apartment Building Sale – Denver

Price: $1,837,500

Units: 6

Address: 1721 MARION STREET

City: DENVER

State: CO

ZIP: 80218

PINNACLE ANNOUNCES SALE OF 1721 MARION STREET IN DENVER

Denver, CO – October 24, 2016 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1721 Marion Street, located in Denver, Colorado. This 6-unit multifamily property sold on October 18^th with a contract price of $1,837,500; $306,250 per unit and $301 per square foot. Built in 2001, the property is currently occupied by the Brent Eley Foundation as a Brent’s Place housing facility. Jim Knowlton with the Knowlton│Lawson Team represented the seller and Scott Fetter with the Hornstein│Fetter Team represented the buyer in this transaction.

For more information, please contact Jim Knowlton at 303-962-9543 or e-mail at 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 2015, Pinnacle Real Estate Advisors closed 356 transactions for a total of $508 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.