Cushman & Wakefield of Colorado, Inc. is pleased to announce the opportunity to purchase The Knolls apartment community in Colorado Springs.
The Knolls is a 262 unit apartment community originally constructed in 1974, but received a major multi-million dollar renovation in 2006. The 2006 renovation included replacing the exterior siding, updating the roofs, upgrading the clubhouse, upgrading the kitchen cabinets, counters, appliances, fixtures and hardware. Each unit also has either side-by-side or stackable washer and dryers owned by the seller.
Situated just west of I-25 on the northeast corner of Uintah St and Gatehouse Cir. The Knolls is located about 1 mile west of Colorado College, 1.5 miles northeast of downtown Colorado Springs and 2 miles southeast of The Garden of the Gods. The Knolls lies in the country’s 3rd “Best city to Live” according to Fortune/CNN Money Magazine and is home to many recreational activities. Residents can enjoy easy access to Pike’s Peak (the inspiration for America the Beautiful), world-class skiing, gold medal fly fishing, hiking, biking and kayaking, all within a short drive.
Colorado Springs also has the presence of over 25 Fortune 500 companies which has recently resulted in a number of large business expansions/relocations including Atmel Corporation, CSAA (California State Automobile Association), Cook Communication, Focus on the Family, Ford Credit Regional Service Center, Hewlett Packard, Oracle Corporation, Progressive Insurance, Quantum Corporation, T-Mobile USA Inc., T.Rowe Price Associates Inc., and Verizon Business.
According to the Fort Carson Regional Growth Coordination Plan between January 2009 and August 2012 roughly 11,500 troops will be re-stationed to Fort Carson with a total increase in population estimated at 29,000. By mid-summer Fort Carson is expected to receive the first wave of 6,500 troops being re-stationed and an estimated 10,000 family members.