Capstone has closed the sale of 3128 North Arcadia Street, a 14,604 SF multifamily property for the sale price of $3,380,000. Patrick Knowlton of Capstone represented the Seller and the Buyer on this transaction.
This 26 unit property consists of all one bed/ two bath units and the community is extremely well maintained. This value-add asset offers an upside in rents and is a great opportunity for all investors looking to expand their portfolio.
3128 North Arcadia Street is conveniently located directly on the corner of 4th Street and N Arcadia Street. This property is nestled amongst a residential neighborhood just North of Downtown Colorado Springs. The property is also within minutes to UCCS and University Village Center.
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.
