New Colony

About New Colony

New Colony Apartment Homes presents the opportunity to acquire a well-established, institutional-quality multifamily community in one of Colorado's most resilient and supply-constrained rental markets. Located at 1917 S Shields Street in Fort Collins, Colorado, the property consists of 253 apartment homes encompassing approximately 195,850 square feet on a spacious site with 525 surface parking spaces. Originally constructed in 1972, the asset has seen significant recent capital improvements over the past 3 years, including new roofs and vinyl windows through the community.

Positioned 3 blocks from Colorado State University, and minutes from major employment centers, shopping, dining, and recreational amenities, New Colony Apartment Homes benefits from Fort Collins' diverse economy, highly educated workforce, and consistently strong renter demand. The property's established resident base, unit mix, extensive parking, mature landscaping, and attractive community amenities create a compelling living environment while providing investors with an asset in one of Northern Colorado's premier multifamily markets. With continued population growth, limited new construction deliveries, a strong local employment base, and favorable long-term market fundamentals, New Colony Apartment Homes offers an exceptional opportunity to acquire a high-quality apartment community for the long-term.