Pinnacle Announces Sale of 6-Unit Multifamily
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 3,942-square-foot, 6-unit multifamily property for $1,080,000 ($180,000 per unit) located at 2383 Emporia Street in Aurora, Colorado. The property benefits from being the closest standing apartment building to the Stanley Marketplace. The property traded at a current 5.3% Cap Rate and $274 per square foot. Barton Thompson, Senior Advisor, acted as transaction broker for the seller, Hentz Bell Holdings LLC, and the buyer, Country Ridge Estates Rentals LLC, in the transaction.
For more information on this sale please contact Barton Thompson.