Copper Stone Apartment Homes

About Copper Stone Apartment Homes

Cushman & Wakefield presents Copper Stone Apartment Homes located at 2827-2833 E. Pikes Peak Avenue and 23-47 N. Circle Drive in Colorado Springs, Colorado. Constructed in 1964, the property benefits from a highly accessible infill location within the Park Hill neighborhood, offering residents convenient access to downtown Colorado Springs, Interstate 25, Memorial Park, and major employment centers including the Colorado Springs Airport and the Peak Innovation Park, which is estimated to support 35,000+ employees at full build out. The property's central location and premier accessibility positions it to capitalize on continued population growth, employment expansion, and strong renter demand throughout the Colorado Springs market.

Copper Stone offers a diverse mix of studio, one-bedroom, and two-bedroom apartment homes designed to serve a broad resident base. Community amenities include a swimming pool, covered parking, dog park, on-site management, laundry facilities, courtesy patrol services, and outdoor common areas, while many units feature granite countertops, air conditioning, private patios or balconies, and additional storage. These amenities create an attractive resident experience while providing ownership with opportunities to further enhance value through strategic capital improvements and operational efficiencies.

As a stabilized, institutional-scale asset in one of Colorado's fastest-growing metropolitan areas, Copper Stone presents a compelling investment opportunity supported by strong market fundamentals, favorable demographics, and continued demand for attainable workforce housing. The property's established presence, desirable location, strong operational fundamentals and stabilized occupancy, and potential for future revenue growth position it as a valuable multifamily investment within the Colorado Springs market.

INVESTMENT HIGHLIGHTS

• PROVEN WORKFORCE HOUSING ASSET IN A SUPPLY CONSTRAINED LOCATION

• AMENITY PACKAGE DESIGNED FOR RESIDENT RETENTION

• CENTRAL SPRINGS LOCATION WITH PROXIMITY TO DOWNTOWN GROWING EMPLOYMENT CENTERS

• GENERATIONAL PRIDE OF OWNERSHIP & RECENT CAPITAL IMPROVEMENTS
  

• STRONG OPERATIONAL FUNDAMENTALS AND STABILIZED OCCUPANCY PROVIDE CLEAR PATH TO AGENCY EXECUTION

• BENEFICIARY OF STRONG COLORADO SPRINGS ECONOMIC GROWTH