Pinnacle Announces Sale of Office Building in Montrose, CO

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 164 Colorado Ave, Montrose Colorado. This office property has 4 tenants and was built in 1982. The building is located just off South Townsend Ave in downtown Montrose. The property sold on July 17, 2019 for $335,000 or $66.40 per square foot.  Peter Sengelmann & Eric Diesch, represented both the Seller and the Buyer in the transaction.

“This deal was a great representation of our marketing efforts which attracted offers from multiple Buyers, one of which we were able to secure through one of the various campaigns,” stated Peter Sengelmann, Senior Advisor at Pinnacle Real Estate Advisors.