Capstone has closed the sale of 5770-5788 University Village View, a 7,074 sq ft multifamily property for the sale price of $1,172,500. Jeff Dimmen of Capstone represented the Buyer in this transaction.
This unique 4-unit property was built in 2002 and features two 3 bed/3.5 bath units and two 4 bed/3.5 bath units. Each 1,768 square foot townhome style unit has individually metered utilities, Air Conditioners, and individual garages. The property was also delivered with a new roof.
5770-5788 University Village View is conveniently located just West of Academy Boulevard and Vickers Drive in the desirable University Village. The property is located minutes South of the Air Force Academy and minutes North of UCCS.
The buyer plans to renovate units as leases turn, starting with the currently vacant unit, and improve the overall operations at the property.
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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.
