Capstone Companies has closed the sale of 506 East Pikes Peak Avenue, a 4,261 SF, 8-unit multifamily property for the sale price of $1,080,000. Lee Wagner of Capstone represented the Buyer on this transaction.
This 8 unit consists of 2 one bed/one bath units and 6 two bed/ one bath units. This property offers great walkability being in downtown Colorado Springs and is also a great value add opportunity.
506 East Pikes Peak Avenue is conveniently located off E Pikes Peak Ave and North Corona Street. The property is blocks away from Downtown, Memorial Park and Monument Valley Park.
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.
