Pinnacle Announces the Sale of an 8-Unit Multifamily Building in Aurora

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of an 8-unit multifamily property for $1,140,000 ($142,500/Unit, $260.99/SF), with an in-place Cap Rate of 4.87% and a proforma Cap Rate of 6.44%, located at 1695 Joliet Street in Aurora, Colorado. Barton Thompson, Vice President, and James Few, Associate Advisor, represented the seller in the transaction.