Josh Newell, Owner/Principal, Connor Knutson, Vice President, and Jake Waxter, Associate Advisor with the Newell Team at Pinnacle Real Estate Advisors, LLC are pleased to announce the sale 3014 7^th Street in Greeley, CO. The 8-unit apartment building was built in 2003 and sold on December 8^th with a contract price of $1,529,000; $191,125 per unit and $253.48 per square foot with a 4.37% current CAP rate.  “The buyer owned and operated two apartment buildings in the Denver Metro Area. We were able to sell both and execute a 1031-Exchange into 3014 7^th Street, which accomplished their goals of owning a property with less management and commute time,” said Waxter. Josh Newell, Connor Knutson, and Jake Waxter represented the Buyer.