Price: $10,000,000
Address: 1945 PEORIA STREET
City: AURORA
State: CO
ZIP: 80010
PINNACLE ANNOUNCES THE SALE OF 68 UNITS IN AURORA
Aurora, CO – September 13th, 2019 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1945 Peoria Street in Aurora. The value-add 68 unit property, built in 1974, is located one block from the University of Colorado Medical Campus. The property sold on September 13th, for a contract price of $10,000,000; $147,059 per unit and $135 per square foot. The property featured an attractive unit mix of studios, 1Br/1Ba units, 2Br/2Ba units, and 3Br/2Ba units, all with private balconies and patios. Chris Knowlton, Senior Advisor, represented the Seller in the transaction, and Robert Lawson and Jim Knowlton, Principals, represented the Buyer in this transaction.
For more information, please contact Chris Knowlton at 303-962-9566, Robert Lawson at 303-962-9537, or Jim Knowlton at 303-962-9543.
Pinnacle Real Estate Advisors
Pinnacle Real Estate Advisors is a full-service commercial real estate brokerage firm servicing clients globally who own commercial properties in the metro Denver area and throughout Colorado. Our expertise encompasses all commercial real estate property types. We have experienced advisors specializing in apartment building sales and acquisition; retail property sales, leasing and acquisition; office property sales, leasing, tenant representation, and acquisition; and industrial property sales, leasing and acquisition. The Pinnacle Experience™ is a unique approach that is focused on each client’s needs, delivering superior real estate guidance, proven market perspective and unmatched results. Pinnacle Real Estate Advisors combines market expertise with a Full Spectrum Marketing™ campaign that delivers innovative real estate solutions that are client-centric and relationship focused. In 2018, Pinnacle Real Estate Advisors closed 348 transactions for a total of $703 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/properties.
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| Price: | $10,000,000 |
| Address: | 1945 Peoria Street |
| City: | Aurora |
| State: | CO |
| Zip Code: | 80010 |