$14,000,000 or $129,629/unit
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Montcalm Estates
108 Units
525 Lexington Pkwy S
St. Paul, MN  55116
Type: Conventional
Sold
Monte Vista
207 Units
 
La Verne, CA
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Montego
   
1200 Montego Way
Walnut Creek, CA
Sold
Montelano
432 Units
8330 North 19th Avenue
Phoenix, AZ  85021
Sold
Mountain Ranch
262 Units
 
San Diego, CA
Cushman & Wakefield of Colorado, Inc. is pleased to announce the opportunity to purchase Mountain View apartment community in Colorado Springs. Mountain View is a 252 unit apartment community featuring spacious units with an average size of 724 sf and four floor plans to choose from. Individual unit amenities include large exterior patios, side-by-side or stackable GE washer/dryers, fully equipped GE kitchens, and spacious closets. The community features a sand volleyball court, hot tub, sauna, indoor/outdoor pool, bbq area, and a clubhouse with a coffee bar. Mountain View also resides in Cheyenne District 2 which is consistently one of Colorado Springs top performing school districts. Situated just west of I-25 in the Southwest submarket of Colorado Springs, Mountain View 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 the Garden of the Gods, 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. It is also located within walking distance to Cheyenne Mountain Resort. 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. Mountain View sits at the front gate of Fort Carson and 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. Please contact Pat Stucker or Mark Favro at 303-813-6400 for more information or to setup a property tour.
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Mountain View
252 Units
4085 Westmeadow Drive
Colorado Springs, CO  80906
Type: Conventional
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Newell Promenade
   
1560 Newell Avenue
Walnut Creek, CA
Type: Conventional
Sold
Northern Star Apartments
36 Units
800 26th St NW
Bemidji, MN  56601
Type: LIHTC
To gain access to the offering memorandum and financials on this property either electronically sign the appropriate confidentiality agreement or print, fax or scan the hard copy confidentiality agreement to 713-490-9041. If you have questions, please feel free to contact Ed Nwokedi 713-331-1731; Walter Montague 713-331-1735; or Jacob Saour 713-331-1823.
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Northwest Pines
364 Units
5801 N Houston Rosslyn Road
Houston, TX  77091
Type: Conventional
Sold
Northwinds Apartment Homes
440 Units
9556 Glen Owen Drive
Ferguson, MO  63136
Type: Conventional
Posted: 11/9/2017
Sold
Nulu Development Site
260 Units
 
Louisville, KY  40206
Sold
Oakley Yard
30.8 Acres
2950 Robertson Ave
Cincinnati, OH  45209
Type: Land
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Oakwood
153 Units
905 HWY 332 W
Lake Jackson, TX  77566
Type: Conventional
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Oakwood Bellevue Apartments
191 Units
 
Bellevue, WA
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On the Green at Northshore
545 Units
 
Tacoma, WA
Sold
Orchidtree
278 Units
6801 East Camelback Road
Scottsdale, AZ  85251
Sold
Oswego Pointe
422 Units
 
Lake Oswego, OR
Sold
Overlook at Clifton
151 Units
700-714 Riddle Rd
Cincinnati, OH  45220
Type: Conventional
Sold
Palm Meadows
72 Units
9423 N. 17th Ave.
Phoenix, AZ  85021
Type: Conventional
Sold
Park Lakewood Apartments
116 Units
1500 Lakewood Avenue
Modesto, CA  95355
Type: Conventional
Sold
Park MacArthur
136 Units
4500 N MacArthur Blvd
Warr Acres, OK  73122
Type: Conventional

Park View Apartments, nestled in the quiet neighborhood surrounding Hawthorne Park in Janesville, Wisconsin is a great opportunity for steady investment.  The setting for Park View is idyllic with grand, stately oak trees and an expansive lawn area.  Typically appealing to a senior demographic, Park View has been a destination for residents seeking efficient living and access to important amenities like shopping, medical offices, hospitals and pharmacies. Tenants enjoy this asset’s boutique feel, and it shows via high retention rates and long rental tenure as a result.

This is truly a "bread and butter" opportunity for investors seeking low risk and strong returns.  This is coupled with the opportunity to convert the asset into a more "senior specific" use giving a new investor multiple executions.  In addition, current ownership has secured favorable, assumable agency financing at record-low interest rates, which allows new ownership to generate great returns immediately.

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Park View Apartments
96 Units
1601 N Randall Ave.
Janesville, WI  53545
Type: Conventional
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Parkview @ Aero Court Development Site
   
 
San Diego, CA
Sold
Pebble Cove Apartments
288 Units
 
Renton, WA