Pinnacle Announces Sale of 100-Unit Multifamily Complex in Pueblo

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 100 unit multifamily apartment complex for $6,200,000 located at 85 Scotland Road in Pueblo, Colorado.  Mike Krebsbach, Senior Advisor, represented both the seller and the buyer in the transaction.

The Seller owned the property for 4 years and took great care of the property during their ownership as well as maintaining 100% occupancy during this time. The Buyer plans to replace the roofs, continue renovating the units and pushing rents to market.