Pinnacle Announces Sale of 62 Unit Multifamily Property

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 62 Unit multifamily property for $6,636,000 located at 1429 Potter Drive, Colorado Springs, Colorado. Michael Krebsbach, Senior Advisor, represented the seller, Jermyles Properties LLC and the Buyer in the transaction.

“We assisted our Seller in identifying and putting two very strong credit and recession-proof single tenant NNN retail properties under LOI well before we closed on the sale of her downleg, Arroyo Apartments,” said Michael Krebsbach, Senior Advisor.