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A value-added purchase of a 216-unit apartment complex built in 1972 situated on an 8.0 acre site.
The property is ideally situated enjoying substantial frontage on both a major arterial as well as a large contiguous city park.
The property consists entirely of two-bedroom units. Substantial rehabilitation of the property was completed including upgrades to all common areas, many of the unit interiors and enhanced signage.
Project Details:
Location
Colorado Springs, CO
Size
216 units in 19 buildings
Type
Multi-Family
Seagate Contributions
Acquisition
Asset Management
Opportunistic Investment
Redevelopment
Asset Management
Opportunistic Investment
Redevelopment
Address
3562 North Carefree Circle