Jim Knowlton, owner/principal at Pinnacle Real Estate Advisors, LLC, is pleased to announce the sale of Pearl Nines located at 999 Pearl Street in Denver. The turnkey, 16-unit property sold on May 30th for a Contract Price of $5,040,000 ($315,000/Unit). The property, built in 1961, consisted of (7) 1-bedroom/1-bathroom units and (9) 2-bedroom/1-bath units, with 14 of the 16 units having undergone extensive renovations. The property, located in the heart of Capitol Hill, featured underground garage parking, storage units, balconies, and a renovated courtyard with grilling stations and outdoor community seating. Jim Knowlton worked with both the Buyer and the Seller in the transaction.
For more information on this sale please contact Jim Knowlton at 303-962-9543 or JKnowlton@PinnacleREA.com
