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DENVER — Pinnacle Real Estate Advisors has arranged the sale of a two-property multifamily portfolio located in central Denver. An undisclosed seller sold the assets for $8.4 million.
The 52-unit portfolio consists of 1339 Vine Street, which was built in 1957, and 1644 Pennsylvania Street, which was built in 1956.
Jeff Johnson and Andrew Monette of Pinnacle’s Johnson|Ritter team represented the seller, while Mike Krebsbach of MitchellKrebsbach Investment Group represented the undisclosed buyer in the deal.