Pinnacle Announces Sale of 45 Units in Englewood

Mark Knowlton, Advisor, Jim Knowlton, Owner/Principal, and Chris Knowlton, Vice President, with the Knowlton Lawson Team at Pinnacle Real Estate Advisors, LLC are pleased to announce the sale of the Fox Street Apartments located at 3600-3640 South Fox Street in Englewood, CO. The 45-unit property sold on January 5th for a Contract Price of $7,950,000; $176,666 per unit. The unique, value-add 45-unit property, consisting of two apartment buildings on a large 31,250 square foot lot, is located less than a mile from all of the local retail and restaurants on South Broadway, and Swedish Medical Center/Craig Hospital. The legacy asset featured an attractive unit mix of (39) 1Br/1Ba units and (6) large 2Br/1Ba units with ample parking and car ports.