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Pinnacle Real Estate Advisors Negotiates $17.2M Acquisition of Regal Estates Apartments in Colorado Springs

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Regal Estates Apartments in Colorado Springs, Colo., features 150 rental units.

COLORADO SPRINGS, COLO. — Pinnacle Real Estate Advisors has arranged the purchase of Regal Estates Apartments, a multifamily property located at 105, 115, 125, 135, 145 and 155 S. Academy Blvd. in Colorado Springs. Hazel Grace LLC acquired the 150-unit property from an undisclosed seller for $17.2 million.

Mike Krebsbach of Pinnacle Real Estate represented the buyer in the deal.

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