Apartment Building Sale – Denver

Price: $1,117,500

Units: 4

Address: 1530 GAYLORD STREET

City: DENVER

State: CO

ZIP: 80206

PINNACLE ANNOUNCES THE SALE OF 1530 GAYLORD STREET

Denver, CO – January 15, 2018 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1530 Gaylord Street. The one-of-a-kind 4-plex built in 1902, is nestled between City Park, Capitol Hill, Cheesman Park and Congress Park and includes 8 parking spots behind the building. The property sold on January 12th for a contract price of $1,117,500; $279,375 per unit and $324 per square foot. The property featured completely updated units, including individual washers and dryers, as well as updated electrical and plumbing. Chris Knowlton, Associate Advisor, Robert Lawson, Principal, and Jim Knowlton, Principal, represented the Seller in the transaction.

“This was one of the most well maintained converted mansions I have seen sell in a long time.  The Buyers were in a 1031 exchange and this was exactly the type of turn-key asset they were looking for,” said Chris Knowlton.

For more information, please contact Chris Knowlton at 303-962-9566 or e-mail at CKnowlton@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 2016, Pinnacle Real Estate Advisors closed 338 transactions for a total of $622 million. To view a current list of our buildings for sale in Denver, visit:www.pinnaclerea.com/properties.