Pinnacle Announces Sale of 17 Units in Englewood
Posted on June 17, 2025
Robert Lawson, Principal, and Chris Knowlton, Vice President at Pinnacle Real Estate Advisors, LLC, are pleased to announce the sale of Sprucewood Apartments located at 3305 S Clarkson Street in Englewood, CO. The 17-unit property sold on June 17th for a contract price of $2,800,000 ($164,706 per unit; $243 per square foot). The well-positioned, value-add asset sold at a 6.24% Cap Rate with attractive private financing terms. Robert Lawson represented the Seller and Chris Knowlton represented the Buyer in the transaction.