Price: $719,000
Units: 7
Address: 830 CLARKSON STREET
City: DENVER
State: CO
ZIP: 80218
PINNACLE ANNOUNCES SALE OF 830 CLARKSON STREET IN DENVER
Denver, CO – June 12th, 2015 – Jim Knowlton and Josh Newell, Senior Advisors at Pinnacle Real Estate Advisors, LLC announce the sale of 830 Clarkson Street in Denver, Colorado. This 7-unit property sold on June 11th with a contract price of $719,000; $102,714 per unit and $155.93 per square foot. The property, constructed in 1915, featured ample parking consisting of 3 garages and 6 off-street parking spaces, and has been well maintained while retaining the original old world charm.
“It was a great value add opportunity. The property sold well below the comparable averages, which leaves a lot of upside for my clients to take advantage of,” said Knowlton who represented the local buyer. Newell represented the local seller in the transaction.
For more information, please contact Jim Knowlton or Josh Newell at 303-962-9555.
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 2014, Pinnacle Real Estate Advisors closed 307 transactions for a total of $366 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.
| Price: | $719,000 |
| Address: | 830 Clarkson Street |
| City: | Denver |
| State: | CO |
| Zip Code: | 80218 |