Capstone Apartments Partners is pleased to present Ivy at Cheyenne Creek: a 61-unit community located in Colorado Springs, Colorado. Ivy at Cheyenne Creek was built in 1962 and has been well-maintained, as current ownership has operated the asset as a long-term hold. The community is located just southeast of the Highway 24 and Highway 115 intersection and provides residents with convenient access to commuter routes. Colorado Springs has emerged as a popular location for companies relocating from outside the state, as well-established companies from all sectors are choosing Colorado Springs to grow their company. Additionally, nearby projects like Ivywild Schoolhouse and Colorado Creekwalk speak volumes about the growth potential of the immediate area around Ivy at Cheyenne Creek. The blueprints that those developments provide, combined with a value-add program, create an opportunity to boost annual NOI by 32.5%.