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.
