Price: $1,512,500
Address: 3700 S LINCOLN STREET
City: ENGLEWOOD
State: CO
ZIP: 80113
PINNACLE ANNOUNCES THE SALE OF 9 UNITS IN ENGLEWOOD
Englewood, CO – August 18th, 2020 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 3700 S Lincoln Street in Englewood, CO. The 9-unit property, built in 1940, sold on August 18th for a contract price of $1,512,500; $168,056 per unit and $291 per square foot. The fully remodeled property featured 9 turn-key studio units, with 4 garages and 8 storage units providing significant additional income. Despite COVID pandemic challenges, the property was 100% occupied and had full rent collections at the time of closing. Luke Salazar, Associate Advisor, and Jim Knowlton and Robert Lawson, Principals, represented the Seller in the transaction.
For more information, please contact Luke Salazar at 303-962-9534.
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: | $1,512,500 |
| Address: | 3700 S Lincoln Street |
| City: | Englewood |
| State: | CO |
| Zip Code: | 80113 |