Pinnacle Announces Sale of 4-Unit Apartment Building in Colorado Springs
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 4331 Ericson Drive located in Colorado Springs, Colorado. This multifamily property has 4 units and was built in 1971. The building is located just off of South Academy Boulevard and B Street, outside the north entrance to Fort Carson. The property sold on February 9th, 2018 for $370,000 or $92,500 per unit. Corey Sandberg and Jeff Johnson, with the Johnson Ritter Team, represented the buyer in this transaction.
“The seller made several capital improvements to the property and delivered it fully leased with an excellent tenant base,” stated Corey Sandberg, Associate Advisor.