Price: $2,300,000
Address: 1003 CORONA STREET
City: DENVER
State: CO
ZIP: 80218
PINNACLE ANNOUNCES THE SALE OF TROPHY ASSET IN CAPITOL HILL
Denver, CO – December 19th, 2018 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1003 Corona Street in Capitol Hill. The one-of-a-kind historic mansion with 6 additional rental units, built in 1906, is located walking distance to Cheesman Park. The property sold on December 11th for a contract price of $2,300,000; $328,571 per unit and $213 per square foot. The property featured a great unit mix of (1) studio, (3) 1BD, (2) 2BD, and (1) 4BD with garages and off-street parking, newer roof and newer boilers. Chris Knowlton, Associate Advisor, and Robert Lawson and Jim Knowlton, Principals, represented the Seller in the transaction.
“This was a great transaction for both the Seller and Buyer. After only a week of marketing the property, we were able to generate a full price cash offer for our client. This is a testament to our full spectrum marketing program as we put this property out to the entire market and we found a Buyer from California that saw this as a perfect fit for their investment needs,” said Chris Knowlton.
For more information, please contact Chris Knowlton at 303-962-9566 or e-mail at CKnowlton@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.
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| Price: | $2,300,000 |
| Address: | 1003 Corona Street |
| City: | Denver |
| State: | CO |
| Zip Code: | 80218 |