Union Blvd Apartments

Union Blvd Apartments

Colorado springs, CO
Available
  • Property Type: Apartments
  • Year Built : 1972
  • Property Size: 34,920 SF / 36 Units

Overview

Capstone Apartments Partners is pleased to present the Union Boulevard Apartments: a 36-unit apartment community located in Colorado Springs, Colorado. Built in 1972, the property has undergone significant updates, with a little less than half the units being renovation, which still provide Union Boulevard with a strong value-add opportunity for the next investor. The Union Boulevard Apartments also boast a straightforward unit-mix of all large 970 SF, 2 bed and 1 bath units which makes for a streamlined renovation implementation strategy. With the proper value-add program the property is poised for consistent returns and has an opportunity to significantly boost annual NOI.

Investment Highlights

  • Value-Add Potential
  • Submarket Fundamentals
  • Premier Location

Contact Information

Pat Knowlton Senior Advisor P: 719.3648.0423
O: 800.746.3175 ext. 769
pknowlton@capstone-companies.com
Jeff Dimmen Senior Advisor P: 719.459.5756
O: 800.746.3175 ext. 771
jdimmen@capstone-companies.com
Lee Wagner Senior Advisor P: 417.459.2155
O: 800.746.3175 ext. 770
lwagner@capstone-companies.com
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