– Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 2916-2924 Glendale Drive in Evans, Colorado. The 18-unit property, built in 1973, sold on January 17th for a Contract Price of $2,100,000; $161.44 per square foot. Chris Knowlton, Vice President, represented the Buyer, Glendale Properties LLC, in the transaction.
“This was the 6th deal we successfully closed with this Buyer in the past 6 months and was the final upleg of the Buyer’s 1031 exchange. The Buyer plans to continue to update units and increase rents to market,” said Knowlton.
For more information on this sale please contact Chris Knowlton.
