Springs Multifamily Portfolio 8 Multifamily Properties Offered at $9,016,930 CAD in Colorado Springs, CO
INVESTMENT HIGHLIGHTS
- Limited Capex Needed
- Submarket fundamentals and demand drivers
- Prime Locations
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to present the Springs Multifamily Portfolio, a highly attractive multifamily portfolio in Colorado Springs. This exceptional investment opportunity consists of 32 units spread across 8 multifamily assets,offering investors a chance to acquire a deal of size within the Springs market. The Springs Multifamily Portfolio provides an opportunity for investors to diversify their portfolio with assets in three different submarkets within Colorado Springs. The three areas of Colorado Springs these assets are situated are;
the (3) Sage Street properties are on the desirable westside of the Springs adjacent to the redeveloped Fillmore and I-25 Corridor, (2) Scott Lane and Westmoreland properties lie on the north side, near UCCS and lastly the (3) Bonnie Court properties are on the east central side of near Peterson AFB, Amazon Distribution Center and the COS Airport. This value-add portfolio boasts a desirable unit mix of two-bedroom units and gives investors the opportunity to implement their value-add strategy by increasing current rents to market with minimal capital injection. This is a rare and highly sought-after portfolio opportunity; Cushman & Wakefield encourages all interested investors to explore the Springs Multifamily Portfolio in further detail.
the (3) Sage Street properties are on the desirable westside of the Springs adjacent to the redeveloped Fillmore and I-25 Corridor, (2) Scott Lane and Westmoreland properties lie on the north side, near UCCS and lastly the (3) Bonnie Court properties are on the east central side of near Peterson AFB, Amazon Distribution Center and the COS Airport. This value-add portfolio boasts a desirable unit mix of two-bedroom units and gives investors the opportunity to implement their value-add strategy by increasing current rents to market with minimal capital injection. This is a rare and highly sought-after portfolio opportunity; Cushman & Wakefield encourages all interested investors to explore the Springs Multifamily Portfolio in further detail.
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PROPERTY FACTS
| Price | $9,016,930 CAD |
| Price / SF | $259.47 CAD / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 8 |
| Individually For Sale | 0 |
| Total Building Size | 34,751 SF |
| Total Land Area | 1.90 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2901 Sage St, Colorado Springs, CO 80907 | Multifamily | 9,439 SF | 1972 | - |
| 2919 Sage St, Colorado Springs, CO 80907 | Multifamily | 2,996 SF | - | - |
| 2915 Sage St, Colorado Springs, CO 80907 | Multifamily | 3,820 SF | - | - |
| 321 Bonnie Ct, Colorado Springs, CO 80916 | Multifamily | 4,514 SF | 1970 | - |
| 313 Bonnie Ct, Colorado Springs, CO 80916 | Multifamily | 3,200 SF | 1971 | - |
| 314 Bonnie Ct, Colorado Springs, CO 80916 | Multifamily | 3,074 SF | 1971 | - |
| 1099 Westmoreland Rd, Colorado Springs, CO 80907 | Multifamily | 4,074 SF | 1972 | - |
| 3810 Scott Ln, Colorado Springs, CO 80907 | Multifamily | 3,634 SF | 1971 | - |
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