Josh Newell, Owner/Principal, Connor Knutson, Vice President, and Drew Barnard, Associate Advisor, with the Newell Team at Pinnacle Real Estate Advisors, LLC are pleased to announce the sale 9870 East Montview Boulevard in Aurora, Colorado. The 23-unit apartment building was built in 1959 & 1961 and sold on May 23^rd, 2023 with a contract price of $3,137,500; $136,413 per unit and $202.41 per square foot.  Josh Newell, Connor Knutson, and Drew Barnard represented the Seller and Buyer.

“We are thrilled to announce the successful sale of the 23-unit apartment building in Aurora,” said Drew Barnard, Associate Advisor, at Pinnacle Real Estate Advisors, LLC. “This transaction underscores the robust demand for multifamily properties in the area and highlights our commitment to delivering exceptional results for our clients.”

The sale of the apartment building represents a significant investment opportunity in the thriving Aurora real estate market. The property’s strong rental history and potential for future growth made it an attractive asset for the discerning investor seeking stable returns and long-term value.