Pinnacle Announces Sale of 35-Unit Portfolio in Pueblo

Chris Knowlton, Vice President, and Jim Knowlton, Owner/Principal at Pinnacle Real Estate Advisors, LLC, are pleased to announce the sale of Oxford Pines Apartments located at 1024-1026 Oxford Street and 28 Amherst Avenue in Pueblo, CO. The 35-unit portfolio, spread across 3 buildings, sold on January 9th for a contract price of $3,150,000 ($90,000 per unit). The well-maintained, low-maintenance property featured an attractive mix of 1-bedroom and 2-bedroom units, many with private balconies, as well as 23 carports and 2 garages that provide additional income. Chris Knowlton worked with both the Buyer and the Seller in the transaction.