Pinnacle Announces Sale of 28 Unit Multifamily Investment in Aurora

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Josh Newell, Principal, Bart Thompson, Senior Advisor, and Jesse Allen, Associate Advisor with the Newell Team at Pinnacle Real Estate Advisors, LLC is pleased to announce the sale 15500 E 13th Avenue in Aurora, Colorado. The 28-unit multifamily investment was built in 1972 and sold on October 16th with a contract price of $3,100,000; $110,714 per unit and $181.67 per square foot.  There was 18% physical vacancy in the past twelve months. The Newell Team represented both the Seller and Buyer.

For more information on this sale please contact Josh Newell at 303-962-9559 jnewell@pinnaclerea.com or Barton Thompson at 303-407-9789 BThompson@PinnacleREA.com

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