Apartment Building Sale – Pueblo

Price: $2,300,000

Address: 1024-1026 OXFORD STREET & 28 AMHERST AVENUE

City: PUEBLO

State: CO

ZIP: 81005

PINNACLE ANNOUNCES THE SALE OF VALUE-ADD 35 UNITS IN PUEBLO

Pueblo, CO – October 29^th, 2018 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1024-1026 Oxford Street and 28 Amherst Avenue in Pueblo. The value-add, 35-unit property, built in 1971, is located walking distance to Safeway and King Soopers, and is a short drive to the Elmwood Golf Course, the Pueblo Zoo and Pueblo Community College. The property sold on October 17^th for a contract price of $2,300,000; $65,714 per unit. The property was very well maintained and offered immediate rental upside in as-is condition. Chris Knowlton, Associate Advisor, represented both the Buyer and the Seller in the transaction.

For more information, please contact Chris Knowlton at 303-962-9566 or email at CKnowlton@PinnacleREA.com.

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 2017, Pinnacle Real Estate Advisors closed 346 transactions for a total of $604.3 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.

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