Chris Knowlton, Vice President and Mark Knowlton, Associate Advisor with the Knowlton Lawson Team and Josh Newell, Owner/Principal with the Newell Team at Pinnacle Real Estate Advisors, LLC are pleased to announce the sale of 3330 Ames Street in Wheat Ridge, Colorado. The 22-unit apartment building, built in 1958, sold on November 18th for a contract price of $4,470,000; $203,182 per unit and $327.47 per square foot. Josh Newell, who represented the Buyer, commented that “this was a scenario where, in a competitive bidding environment, we were able to procure the best Buyer willing to pay a very healthy price for a property that had rents significantly below market levels.” Chris Knowlton and Mark Knowlton represented the Seller.
For more information on this sale please contact Chris Knowlton at 303-962-9556 CKnowlton@Pinnaclerea.com, Mark Knowlton at 720-638-5404 MKnowlton@Pinnaclerea.com or
Josh Newell at 303-962-9559 JNewell@Pinnaclerea.com.
