Capstone Companies has closed the sale of 316 E Brookside Street, a 13,440 SF, 17- unit multifamily property for the sale price of $2,460,000. Pat Knowlton of Capstone represented the Seller & Lee Wagner of Capstone represented the Buyer.
Built in 1968, this property consists of 7 one bed/one bath units & 10 two bed/one bath units. This property offers spacious units, vinyl windows, nice interior renovations throughout and new exterior paint.
316 E Brookside Street is conveniently located on the corner of E Brookside Street and S Wasatch Avenue. The property is within minutes to Interstate 25, The Broadmoor Hotel & Downtown Colorado Springs.
Buyer plans to enjoy the steady cashflow from this asset and continue to improve the property overtime.
About Capstone:
The goal of Capstone is to help generate, maintain, and increase the value and profitability of our clients’ multi-housing investment properties. To do so, we provide comprehensive multi-housing advisory services in asset acquisition and development, strategic ownership decisions, market insight and positioning, property value analysis, and disposition brokerage to support our clients in every stage of ownership. This comprehensive multi-housing-focused service offering paired with our relentless drive to win on behalf of our clients is what sets us apart from pedestrian brokerage firms. Capstone simply put: Expertise. Experience. Extra-Mile.
