Pinnacle Announces Sale of King Street Apartments

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 3595
South King Street. This 4 unit multifamily property, built in 1983, is located in Sheridan, Colorado, just southwest of Denver. The property sold on January 12, 2017 for $623,000 or $155,750 per unit. Thomas Graeve represented the buyer in this transaction.

“There are still good deals to be found in Metro Denver, especially in more ‘fringe’ areas that may be overlooked by other investors,” said Graeve. “This happened to be a very clean property that will provide great cash flow for years to come.”