Capstone has closed the sale of 2349 & 2359 Shawnee Drive, a 7,392 SF, 6- unit multifamily property for the sale price of $1,650,000. Pat Knowlton of Capstone represented the buyer on this transaction.
This 6-unit consists of all large 3 bed, 2 bath units including attached garages. The property also offers plenty of additional parking, in unit electric laundry hook ups and fenced in backyards. 2349 & 2359 Shawnee Drive also has great in place rents and stabilized tenants offering ease in management for the new buyer.
2349 & 2359 Shawnee Drive is conveniently located off Palmer Park Blvd and Cimarron Hills. The property is within minutes of Powers corridor and Highway 24 offering direct access to Colorado Springs Airport, Peterson Space Force Base and Downtown Colorado Springs.
Our buyer was able to secure financing with Julia Bridgewater at Centennial Lending and was successfully able to close on this property within 45 days!
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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.
