Apartment Building Sale – Wheat Ridge

Price: $2,575,000

Units: 14

Address: 6130 W 40TH AVENUE

City: WHEAT RIDGE

State: CO

ZIP: 80033

PINNACLE ANNOUNCES THE SALE OF 6130 W 40^th AVENUE

Denver, CO – July 10^th, 2018 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 6130 W 40^th Avenue in Wheat Ridge. The turn-key 14-unit property, built in 1956, is conveniently located near W 38^th Avenue retail. The property sold on July 9^th for a contract price of $2,575,000; $183,929 per unit and $243 per square foot. The property featured new windows, new walkways, and new landscaping, as well as upgraded flooring, kitchens and bathrooms in all 14 units. Jim Knowlton, Principal, represented the Buyer in the transaction.

For more information, please contact Jim Knowlton at 303-962-9543 or e-mail at JKnowlton@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.