Pinnacle Announces the Sale of Bourquin Apartments
Posted on April 4, 2018
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 2916-2924 Glendale Drive in Evans, CO. The property, comprised of three contiguous buildings and 18 condo units, totals 12,888 square feet and sold for $1,350,000.00. Erik Toll and JB Hochman represented the buyer and seller in the transaction.
“As available supply eludes mom-and-pop investors in Metro Denver, an increasing number of buyers are chasing yield in more tertiary markets,” stated Toll. “Markets like Greeley, Colorado Springs, and Pueblo have all seen a surge in demand as returns in Denver have continued to compress.”