Luke Salazar, Vice President, Jim Knowlton, Owner/Principal, and Robert Lawson, Owner/Principal with the Knowlton Lawson Team at Pinnacle Real Estate Advisors, LLC and 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 1120 3^rd Avenue in Longmont, CO. The 10-unit apartment building was built in 1880 and sold on August 29th with a contract price of $1,925,000; $192,500 per unit and $411.50 per square foot. Luke Salazar, Jim Knowlton, and Robert Lawson represented the Seller and Josh Newell, Connor Knutson, and Jake Waxter represented Buyer.

“We are very excited to help the owners sell this property for a significant gain even in this challenging market. It’s a true testament to their value-add execution and expertise,” said Luke Salazar.