Apartment Building Sale – Denver

Price: $3,275,000

Units: 17

Address: 1675 GILPIN STREET

City: DENVER

State: CO

ZIP: 80218

PINNACLE ANNOUNCES THE SALE OF 1675 GILPIN STREET

Denver, CO – February 16, 2018 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1675 Gilpin Street. The rare, vintage 17-unit apartment building, built in 1928, is just steps away from City Park and the numerous restaurants, bars and music venues on Colfax Avenue. The property sold on February 16^th for a contract price of $3,275,000; $192,647 per unit and $326 per square foot. The property featured remodeled and extensively updated units, 8 off-street parking spots, and newer windows, roof, boiler, gutters and sprinkler system. Robert Lawson, Principal, represented the Buyer in the transaction.

For more information, please contact Robert Lawson at 303-962-9537 or e-mail at RLawson@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 2017, Pinnacle Real Estate Advisors closed 346 transactions for a total of $604.3 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.