Pinnacle Announces Sale of 17-Unit Apartment Building in Pueblo
Posted on August 1, 2016
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 625 W 14th St located in Pueblo, Colorado. This multifamily property has 17 units and was built in 1966. The building is located near Parkview Medical Center in Pueblo. The property sold on July 29, 2016 for $525,000 or $30,882 per unit. Brent Hubbell and Jeff Johnson, with the Johnson Ritter Team, represented the seller in the transaction.
“The seller had owned the building for 24 years and decided to retire and capitalize on current market conditions. The property was very attractive to the buyer due to its location and price per unit,” stated Brent Hubbell, advisor at Pinnacle Real Estate Advisors.