Pinnacle Announces Sale of 7,740 SF Multifamily Property in Aurora, CO

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 7,740 square foot multifamily property located at 1695 Clinton Street in Aurora, Colorado for $1,500,000. Thomas Graeve, Vice President, represented both the seller, ONSUApartment1, LLC, and the buyer, Uptown Investing Group, LLC, in the transaction.

The 12-unit building “has struggled operationally since the onset of the COVID-19 pandemic,” said Graeve, “so the seller is carrying the mortgage to provide an opportunity for the buyer to perform a turnaround.”