Fully leased Rifle property trades in record-setting sale
A mixed-use property in Rifle sold in a record-setting sale. The Fastenal Center, a 9,750-square-foot property at 695 Buckhorn Drive, sold for $1.39 million, or $142.31 per sf, the highest price-per-sf sale recorded in Rifle for flex, retail and office space. “We are continuing to see an influx of buyers traveling further out to secondary […]
Jennifer HayesSeptember 21, 2020
Volta at Voyager sale sets record
A Colorado-based investment group made its first acquisition in Colorado Springs with the highest per-unit price ever for a multifamily asset in the Southern Colorado city. Mountain View Capital paid $52.6 million, or $263,000 per unit, for the 200-unit Volta at Voyager community. The sale of Volta at Voyager just eclipsed the previous highest-per-unit-price of […]
Jennifer HayesSeptember 14, 2020
Aspen affordable apts. sell for $50.5 million
A real estate investment, management and construction firm headquartered in Indianapolis paid a record price per unit for an affordable housing property in Aspen. Birge & Held paid $50.5 million, or $338,926 per unit, for the Centennial Aspen community at 100 Luke Short Court. Its price per unit was not the only highest price per…
Jennifer HayesApril 13, 2020
LoHi apartments trade at record sf price
A record-setting apartment sale in the Lower Highlands recently sold for $7.1 million. An unidentified multifamily investor purchased 3206 Osage St. in Denver, a 20-unit apartment property master leased to Sonder USA. Osage sold with a contract price of $355,000 per unit and a record-setting $707 per square foot. The sale is the highest price…
Jennifer HayesApril 6, 2020
Watermark on Union trades at record price
A Santa Barbara, California based buyer is making its mark on Colorado Springs with not only its second apartment acquisition in the market but also its second of a prestabilized asset in the city. NALS Apartment Homes, a fully integrated real estate investment firm, purchased the Watermark on Union apartment community, renamed Aliso Briargate, for…
Jennifer HayesMarch 16, 2020
Military housing turned apartments sells for $26.1 million
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Jennifer HayesFebruary 10, 2020
Overlook sale sets new record in Springs
The buyer paid $66.5 million, or $251,894 per unit, for the community built in 2018, which was 80 percent occupied at the time of sale.
Jennifer HayesMarch 17, 2019
Colorado Springs Quality Inn trades for $6.8 million
The buyer paid $6.8 million, or $77,272 per key, for the 88-room hotel at 2115 Aerotech Drive at the Colorado Springs Airport.
Jennifer HayesJuly 15, 2018