Apartment Building Sale – Denver

Price: $3,540,000

Units: 26

Address: 900 WASHINGTON STREET

City: DENVER

State: CO

ZIP: 80218

PINNACLE ANNOUNCES THE SALE OF A 26-UNIT APARTMENT BUILDING IN DENVER

Denver, CO – February 26, 2014 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 900 & 910 Washington Street located in Denver, Colorado. The 26 unit apartment complex is located near Cheesman Park in the heart of Capitol Hill. The property sold on February 21^st for $3,540,000 or $136,153 per unit. Jim Knowlton, Senior Advisor, represented the Buyer in the transaction.

“900 & 910 Washington are two fully renovated apartment buildings that boast very high end unit finishes, 1:1 parking and great in-place income. Pinnacle Real Estate Management took over management at Closing. They manage over 50 properties in Central Denver and will be a great asset for my client moving forward,” stated Jim Knowlton, Senior Advisor.

For more information, please contact Jim Knowlton at 303.962.6543, e-mail at JKnowlton@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 2013, Pinnacle Real Estate Advisors closed 265 transactions for a total of $292 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.