Pinnacle Announces Sale of a 12-Unit Apartment Building in Aurora

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1695 Clinton Street located in Aurora, Colorado. This multifamily property has 12 units and was built in 1960. The building is located on Clinton Street, just north of Colfax Avenue. The property sold on July 10, 2018 for $1,250,000 ($104,167/unit; $161.50/square foot). Joe Hornstein and Scott Fetter, of the Hornstein Fetter Apartment Group, represented the seller in the transaction. Thomas Graeve, of the Front Range Team, represented the buyer in the transaction.

“Aurora seems to finally be catching Denver’s rising tide,” said Graeve. “My client is bullish on the area’s long-term growth and hopes that the Stanley Marketplace continues to bring attention and investment dollars to the neighborhood.”