This 33 unit property was purchased in an “off-market” transaction. Immediately following purchase a $20,000/unit upgrade was implemented which resulted in a completely transformed community.
The upgrades included gating the community, enhanced lobby, addition of a fitness center, new exterior paint and upgrade of all unit interiors.
Project Details:
Location
Colorado Springs, CO
Size
33 units
Type
Multi-Family
Seagate Contributions
Acquisition
Asset Management
Opportunistic Investment
Redevelopment
Asset Management
Opportunistic Investment
Redevelopment
Address
30 Boulder Crescent Street