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.
For more information on this sale please contact Barton Thompson.