Vista Peak

1202 Potter Drive Colorado Springs, CO 80909

1202 Potter Drive, Colorado Springs, CO, 80909
1202 Potter Drive, Colorado Springs, CO, 80909 1202 Potter Drive, Colorado Springs, CO, 80909 1202 Potter Drive, Colorado Springs, CO, 80909 1202 Potter Drive, Colorado Springs, CO, 80909 1202 Potter Drive, Colorado Springs, CO, 80909 1202 Potter Drive, Colorado Springs, CO, 80909 1202 Potter Drive, Colorado Springs, CO, 80909 1202 Potter Drive, Colorado Springs, CO, 80909 1202 Potter Drive, Colorado Springs, CO, 80909 1202 Potter Drive, Colorado Springs, CO, 80909
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$31,000,000
Last Verified:
Sep 27, 2024

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Highlights

  • Value Add Apartment Property
  • Potential for 90% LTV available.
  • Large Units | 94% 2 and 3 Bedrooms
  • Opportunity to Implement RUBS program
  • Available below replacement cost
  • Part of Portfolio | Can be sold individually

Description

The Unique Apartment Group is pleased to present to qualified investors, the opportunity to purchase Vista Peak apartments in Colorado Springs, Colorado. This unique opportunity provides investors the prospect to purchase a well located multi-family property with a significant "value-add" opportunity. There is significant upside in raising rents, implementing a RUBs program, adding amenities, and stabilizing Vista Peak. This is a true "value-add" opportunity that allows investors to get a double digit return in one of the most sought after markets in Colorado.

Situated in the vibrant city of Colorado Springs, this property offers investors a prime opportunity within a dynamic locale. Surrounded by stunning natural beauty and a thriving business community, the area boasts access to numerous amenities and attractions. Nearby, the iconic Garden of the Gods provides a breathtaking backdrop, while the bustling downtown area is just a short drive away, offering a variety of dining and entertainment options. Additionally, the property is in close proximity to major transportation routes and key business districts, positioning it as a strategic investment for office building investors seeking a desirable location with strong growth potential.

Building Size: 264272sq ft
Lot Size: 14.69 acres


Documents

Vista Peak OM.pdf

Map of 1202 Potter Drive, Colorado Springs, CO, 80909

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.