Pinnacle Announces sale of 15- Unit Value-Add Multifamily/Condo Investment Property in Castle Rock

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 532 Oakwood Drive in Castle Rock, CO. The 15-unit property sold on November 18th for a Contract Price of $3,000,000; $200,000 per unit and $250 per square foot. The value-add multifamily/condo investment property consisted of 15 out of 16 condo units in one building – in a five-building community. The property featured an attractive unit mix of large, open 1Br/1Ba and 2Br/2Ba units with individual washer/dryers and immediate rental upside. Jim Knowlton, Principal, represented the Seller, and Robert Lawson, Principal, represented the Buyer in the transaction.

For more information on this sale please contact Jim Knowlton at 303-962-9543 or; or Robert Lawson at 303-962-9537 or