Jim Knowlton and Josh Newell, Senior Advisors at Pinnacle Real Estate Advisors, LLC announce the sale of 830 Clarkson Street in Denver, Colorado. This 7-unit property sold on June 11th with a contract price of $719,000; $102,714 per unit and $155.93 per square foot. The property, constructed in 1915, featured ample parking consisting of 3 garages and 6 off-street parking spaces, and has been well maintained while retaining the original old world charm.

“It was a great value add opportunity. The property sold well below the comparable averages, which leaves a lot of upside for my clients to take advantage of,” said Knowlton who represented the local buyer. Newell represented the local seller in the transaction.