Pinnacle Announces the Sale of Aurora Land Parcels
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of the 1535 Geneva Street, 1680-1690 Hanover Street and 1685-1695 Havana Street. These land parcels sold on September 8, 2017 for a combined price of $490,670. Eric Veith, Joe Hornstein and Scott Fetter, with the Hornstein│Fetter Apartment Group, represented the seller in the transactions.
“Currently, there is not a lot of land available in Aurora, and there are even fewer development projects in the works,” according to Veith. “The buyers are big believers in Aurora’s long-term potential, and plan to develop the parcels at some point in the near future. With the consistent upward trajectory of the Aurora submarket, I believe they stand to do very well in the long-term.”