Pinnacle Announces Sale of Downtown Colorado Springs Multifamily

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Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 7-unit multifamily property for $1,200,000 located at 724 N Nevada Avenue in Colorado Springs, Colorado. Jesse Allen, Andrew Monette, and Jason McClanahan of the Johnson Ritter Team assisted both seller and buyer in the transaction. 

“This 7-unit located in the prime location of downtown Colorado Springs was exactly what the buyer was looking for to fulfill their 1031 Exchange. With the purchase of this turn-key investment, they will be able to capitalize on the strong demographics and continued growth of this submarket,” stated Allen and Monette.

For more information on this sale please contact Jesse Allen, Andrew Monette, or Jason McClanahan.

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