Pinnacle Announces the Sale of 54-Unit Apartment Building in Littleton

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 6900 S. Bannock St (Broadridge Apartments) located in Littleton, Colorado. This multifamily property has 54 units and was built in 1965. The building is located just off South Broadway and West Ridge Rd. The property sold on January 22, 2016 for $8,300,000 or $153,704 per unit.  Jeff Johnson and Matt Ritter, with the Johnson Ritter Team, represented the buyer and Josh Newell represented the seller in the transaction.

“Our out-of-state buyer was eager to place capital in Colorado’s thriving real estate market. The Broadridge Apartments satisfied all of the buyer’s requirements and they were extremely satisfied with their acquisition,” stated Jeff Johnson, principal at Pinnacle Real Estate Advisors.