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Cielo

Posted: 10/24/2024
234 Units
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About

About Cielo

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 234-unit Cielo Apartments located in Santa Fe, NM. This asset has demonstrated strong performance with impressive lease trade outs and a robust historical track record, supported by a diverse and affluent tenant base. This 2022-built, institutional asset offers a unique 80-unit phase II opportunity to enhance overall project yield and scale in a high demand marketplace.

Santa Fe’s multifamily fundamentals are solid, with healthy rent projections and rising homeownership costs further driving rental demand in the area. Additionally, Cielo is surrounded by limitless lifestyle amenities, ensuring an enjoyable living experience for residents. Cielo is a compelling investment opportunity to acquire an institutional quality asset with significant growth potential in a thriving market.

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