Capstone has closed the sale of Fontmore Apartments, a 10-unit multifamily property for the sale price of $2,200,000. Lee Wagner of Capstone represented the Seller and Pat Knowlton of Capstone represented the Buyer.
The Fontmore Apartments is located at 831 & 903 Fontmore Road in Colorado Springs, CO. The property was built in 1968 and consists of 10 garden-style apartment units, 3 of which are one bed/one bath units and 7 are two bed/one bath units. The property has been well-maintained by the existing ownership.
Fontmore Apartments is conveniently located directly off Fontmore Road. The property is minutes to Interstate 25, Manitou Springs, Garden of the Gods and Downtown Colorado Springs, and offers easy access to Garden of the Gods Park and Old Colorado City.
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.
