Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1216 Pleasant Street in Boulder, CO. The 6-unit property, consisting of 5 – 1Br/1Ba units and 1-studio unit, sold on April 19^th for a Contract Price of $1,665,000; $277,500 per unit and $616 per square foot. The value-add property, located in a prime location on the coveted “University Hill,” is walking distance to University of Colorado Boulder campus and all of the bars, restaurants and retail on 13^th Street. The property features immediate upside in rental income in as-is condition. Luke Salazar, Associate Advisor, and Jim Knowlton and Robert Lawson, Principals, were the only brokers involved in the transaction.