Capstone has closed the sale of 2901, 2903, 2915, 2919 Sage Street, 3810 Scott Lane & 1099 Westmoreland Road, a portfolio sale of five 4-unit multifamily properties and one 5-unit multifamily property for the total sale price of $4,150,000. Patrick Knowlton of Capstone represented the Seller and the Buyer on this transaction.
Most of the properties consist of all 2 bed/1 bath units, 2903 Sage Street, the 5-unit consists of two 3 bed/2 bath units and three 1 bed/1 bath units. All properties are in great condition and are all within minutes of one another making for ease in management capabilities.
2901, 2903, 2915, 2919 Sage Street, is conveniently located on the west side of I-25, directly off W Fillmore Street. These four properties are all located directly on Sage Street and are within minutes to Garden of the Gods Park and Downtown Colorado Springs. 3810 Scott Lane & 1099 Westmoreland Road are all located off Westmoreland Road and are within minutes to UCCS and University Village Center shops and restaurants.
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.
