Price: $1,135,000
Units: 9
Address: 428 S SHERMAN STREET
City: DENVER
State: CO
ZIP: 80209
PINNACLE ANNOUNCES SALE OF 428 S SHERMAN IN DENVER
Denver, CO – June 6th, 2016 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 428 S Sherman Street in Denver, Colorado. This 9-unit property sold on May 19th with a contract price of $1,135,000; $126,111 per unit and $310.62 per square foot. The vintage property, built in 1905, was located in the West Washington Park Neighborhood, and featured charming studios and 1 bedrooms with off-street parking.
Jim Knowlton, Senior Advisor at Pinnacle Real Estate Advisors, worked with the buyer. Nick Schill, Senior Advisor at Pinnacle Real Estate Advisors, represented the seller.
“The buyer plans on renovating the units and holding onto the property long term,” said Knowlton.
For more information, please contact Jim Knowlton at 303-962-9543.
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 2015, Pinnacle Real Estate Advisors closed 356 transactions for a total of $508 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.
| Price: | $1,135,000 |
| Address: | 428 S Sherman Street |
| City: | Denver |
| State: | CO |
| Zip Code: | 80209 |