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1202 Potter Drive

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Address: 1202 Potter Dr, Colorado Springs, CO 80909, USA

Phoenix & Southwest + Apartment Buildings

Created date: September 27, 2024

Date last updated: September 27, 2024

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

Property 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.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$31,000,000
No. of Units:	257
Lot Size:	14.69 Sq ft
Opportunity Zone:	No
Price per unit:	$120,623
Property Website	Click Here