Denver, CO – July 25th, 2019 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 80 S Washington Street in Central Denver. The 7-unit property, built in 1953, is located in the highly desirable West Wash Park neighborhood. The property sold on July 25th, for a contract price of $1,180,000; $168,571 per unit and $285 per square foot. The property featured (2) 2Br/1Ba units, (1) 1Br/1Ba unit, and (4) Studios. Chris Knowlton, Advisor, Robert Lawson and Jim Knowlton, Principals, represented the Seller in the transaction, and Chris Knowlton, Advisor, represented the Buyers in this transaction.
“The buyers plan to renovate the units and increase the rents to market levels,” said Chris Knowlton.
For more information, please contact Chris Knowlton at 303-962-9566 or e-mail at Cknowlton@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.
