Pinnacle Announces Sale of 14 Units in Wheat Ridge

Jim Knowlton, Owner/Principal at Pinnacle Real Estate Advisors, LLC, is pleased to announce the sale of Marshall Manor Apartments located at 6499 W 38th Avenue in Wheat Ridge, CO. The 14-unit property, sold on May 14th for a contract price of $2,850,000 ($203,571 per unit). The well-maintained property featured an attractive mix of (6) 1-bedroom units and (8) 2-bedroom units, and has seen substantial upgrades over the past few years including new windows, new electrical panels, new roof and upgrades to 75% of the units, including new flooring, modernized kitchens and renovated bathrooms. Jim Knowlton worked with both the Buyer and the Seller in the transaction.