Pinnacle Announces Sale of 60 Units in Pueblo
Posted on May 1, 2025
Chris Knowlton, Vice President, and Jim Knowlton, Owner/Principal at Pinnacle Real Estate Advisors, LLC, are pleased to announce the sale of Briarwood Apartments located at 2026 Carlee Drive in Pueblo, CO. The 60-unit property, plus an on-site manager house and workshop, sold on May 1st for a contract price of $5,500,000 ($91,667 per unit). The well-maintained property featured an attractive mix of (30) 1-bedroom units and (30) 2-bedroom units, and has seen substantial upgrades over the past few years including all new windows, new roofs and mansards, sealed coated parking lot, and upgrades to 80% of the units. Chris Knowlton worked with both the Buyer and the Seller in the transaction.