Pinnacle Announces Sale of an 8-Unit Multifamily Building

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of an 8-unit multifamily building for $1,378,000; $172,250/Unit, $160.20/SF, current Cap Rate of 3.89% and proforma Cap Rate of 7.03%, located at 9375 E 17th Avenue in Aurora, Colorado. Barton Thompson, Vice President, and James Few, Associate Advisor, represented the buyer and seller in the transaction.