Pinnacle Announces Sale of Fort Riley Townhomes
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 3725-3735 Saddle Horn Trail in Ogden, KS. The 10,350 square foot townhome-style apartment building sold for $630,000 at a 6.95% cap rate on current income. Thomas Graeve, Vice President, represented the Seller, Twenty20Five, LLC in the transaction.
“This particular client discovered what many investors are realizing: their investment dollars can go a lot further in the Midwest, especially in this case with Fort Riley army base right there in Ogden,” stated Graeve.
The Seller is investing their proceeds into a deferred sales trust.