Pinnacle Announces the Sale of 500-515 King Court

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale 500-515 King Court located in Evans, Colorado. The 7 duplexes sold for $1,825,000 or $130,357 per unit. JB Hochman, Principal, and Erik Toll, Associate Advisor, represented the buyer and seller in the transaction.

“As available supply eludes mom-and-pop investors in Metro Denver, an increasing number of buyers are chasing yield in more tertiary markets,” stated Toll.  “Markets like Greeley, Colorado Springs, and Pueblo have all seen a surge in demand as returns in Denver have continued to compress.”