Apartment Building Sale – Denver

Price: $4,350,000

Units: 20

Address: 195 JACKSON STREET

City: DENVER

State: CO

ZIP: 80206

PINNACLE ANNOUNCES SALE OF APARTMENT BUILDING IN CHERRY CREEK

Denver, CO – April 20, 2015 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 195 Jackson Street in Denver, Colorado. This 20-unit property sold on April 17th with a contract price of $4,350,000; $217,500 per unit and $320.87 per square foot. Built in 1947, the property has 13,557 rentable square feet and is one of the few remaining vintage, multi-family properties in the Cherry Creek neighborhood. It sold for $350,000 above list price. Robert Lawson, Senior Advisor at Pinnacle Real Estate Advisors, represented the local buyer in the transaction.

For more information, please contact Robert Lawson at 303-962-9537 or email 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 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.

Tagged Features:

• Denver Apartment Buildings