Capstone has closed the sale of 3117 Virginia Avenue, a 2,688 SF multifamily property for the sale price of $550,000. Jeff Dimmen of Capstone represented the Seller and Lee Wagner of Capstone represented the Buyer on this transaction.
This property consists of two 2 bed/1 bath units and two 1 bed/1 bath units. The property has new windows and a new roof, as well as an updated interior. This property offers room for rent growth and already offers low expenses per unit/per month.
3117 Virginia Avenue is conveniently located near Old Hurricane Creek Road and Virginia Avenue. The property is within minutes to UCCS, Palmer Park, and is close to downtown Colorado Springs.Â
Please call or email today to find out how we are different than the average apartment advisors.
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.
