Apartment Building Sale – Denver

Price: $750,000

Units: 3

Address: 1210 S SHERMAN STREET

City: DENVER

State: CO

ZIP: 80210

1210 S SHERMAN SOLD FOR $750,000

 Denver, CO – December 14, 2016 – Jim Knowlton, Senior Advisor at Pinnacle Real Estate Advisors, LLC, and Chris Knowlton, Associate Advisor at Pinnacle Real Estate Advisors, LLC, announce the sale of 1210 S Sherman Street in Denver, Colorado. The 3-unit property, built in 1997, sold on December 13^th with a contract price of $750,000; $250,000 per unit and $244.38 per square foot. The property, located in the highly desirable Platte Park/West Wash Park neighborhood, featured two large two bedroom units and one studio, with open layouts, private decks/patios, two laundry rooms and four off-street parking spots.

“The buyer did a cash out refinance on another multifamily property he owned here in Denver and was able to use that money for the down payment on this property,” said Chris Knowlton.

Jim and Chris Knowlton represented the buyer in the transaction.

For more information on this apartment building sale please contact Jim Knowlton at 303.962.9543.

About 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. To view a current list of our apartment buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.