Price: $1,200,000
Units: 4
Address: 2324 FEDERAL BOULEVARD
City: DENVER
State: CO
ZIP: 80211
PINNACLE ANNOUNCES THE SALE OF 2324 FEDERAL BOULEVARD
Denver, CO – June 4th, 2018 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 2324 Federal Boulevard. The value-add 4-plex, built in 1947, is located less than half a block from Jefferson Park and just minutes to Downtown, The Highlands, and Sloan’s Lake. The property sold on May 25th for a contract price of $1,200,000; $300,000 per unit and $243 per square foot. The property featured 3 bedroom/2 bathroom units, all separately metered for gas and electric, and included 10 off-street parking spaces. Robert Lawson and Jim Knowlton, Principals, and Chris Knowlton, Associate Advisor, represented the Buyer in the transaction.
For more information, please contact Robert Lawson at 303-962-9537 or e-mail at RLawson@PinnacleREA.com.
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 2017, Pinnacle Real Estate Advisors closed 346 transactions for a total of $604.3 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.
| Price: | $1,200,000 |
| Address: | 2324 Federal Boulevard |
| City: | Denver |
| State: | CO |
| Zip Code: | 80211 |