Pinnacle Announces the Sale of Value-Add 35 Units in Pueblo
Posted on October 30, 2018
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1024-1026 Oxford Street and 28 Amherst Avenue in Pueblo. The value-add, 35-unit property, built in 1971, is located walking distance to Safeway and King Soopers, and is a short drive to the Elmwood Golf Course, the Pueblo Zoo and Pueblo Community College. The property sold on October 17th for a contract price of $2,300,000; $65,714 per unit. The property was very well maintained and offered immediate rental upside in as-is condition. Chris Knowlton, Associate Advisor, represented both the Buyer and the Seller in the transaction.