Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 72-unit self-storage building located at 1630 Riverside Ave in Fort Collins, Colorado for $1,550,000.  Paul Nora, Advisor, and Jamie Mitchell, Principal, represented the Seller and the Buyer in the transaction.

“This self-storage facility has been in the seller’s family for nearly 50 years.  We were able to generate multiple offers to achieve an extremely aggressive cap rate for the seller with an all-cash investor.  This local investor plans to make improvements to the property and bring the rents closer to market in the coming years. Congrats to all parties!” stated Nora.