Price: $1,725,000
Address: 2324 FEDERAL BOULEVARD
City: DENVER
State: CO
ZIP: 80211
PINNACLE ANNOUNCES THE SALE OF 2324 FEDERAL BOULEVARD IN DENVER
Denver, CO – October 5th, 2020 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 2324 Federal Boulevard in Denver, CO. The 4-unit property, built in 1947, sold on October 5th for a contract price of $1,725,000; $431,250 per unit and $407 per square foot. The fully renovated property featured four large 3Br/2Ba units with 10 deeded off-street parking spaces, and individual washer/dryers, A/C units and gas and electric meters. The property sold at a 7.0% CAP Rate. Robert Lawson and Jim Knowlton, Principals, represented the Seller in the transaction.
For more information, please contact Robert Lawson at 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 2019, Pinnacle Real Estate Advisors closed 272 transactions for a total of $608 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/properties.
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| Price: | $1,725,000 |
| Address: | 2324 Federal Boulevard |
| City: | Denver |
| State: | CO |
| Zip Code: | 80211 |