Price: $4,325,000
Address: 3600 S LOWELL BOULEVARD
City: DENVER
State: CO
ZIP: 80236
Pinnacle Announces Sale of 30-Unit Apartment Building in Southwest Denver
Denver, CO – April 8th, 2019 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 3600 S. Lowell Blvd located in Denver, Colorado. The multifamily property has a total of 30 units. The building is located just west of S. Federal Blvd and south of W. Hampden Blvd. The property sold on March 29, 2019 for $4,325,000; $144,167/unit and $178/square foot. Joe Hornstein and Scott Fetter of the Hornstein Fetter Apartment Group represented the seller in the transaction and Jim Knowlton of the Knowlton Lawson Team represented the buyer in the transaction.
“The buyers were in 1031 exchange after selling an apartment building out of state and with very little inventory available, we were able to put them into an off-market deal that accomplished their goals,” Knowlton said.
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 2018, Pinnacle Real Estate Advisors closed 348 transactions for a total of $703 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/properties.
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| Price: | $4,325,000 |
| Address: | 3600 S Lowell Boulevard |
| City: | Denver |
| State: | CO |
| Zip Code: | 80236 |