Capstone has closed the sale of 801 S Shields Street, a 11,757 sq ft Colorado State University Fraternity House for the sale price of $3,200,000. Benton Adams, Christian Burgdorf, and Austin Smith of Capstone represented the Buyer.
The property saw major renovations in 2017 to interior/exterior as well as an operations overhaul. The asset will be delivered as a turnkey product.
801 S Shields Street is conveniently located at West Plum and South Shields one block removed from the University of Colorado State’s main campus.
The buyer plans to hold onto the property for the for the foreseeable future.
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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.
