Cushman & Wakefield is pleased to present a compelling 201-unit multifamily investment opportunity in Colorado Springs, CO, featuring two well-maintained assets: Marquette Heights (108 units) and Fairway Valley Apartments (93 units). Both properties feature accretive assumable loans at below market rates with remaining term through 2030.
Strategically located in high-demand submarkets of one of the Mountain West’s fastest-growing cities, these properties offer immediate scale, strong in-place cash flow, and clear value-add potential. Marquette Heights, built in 1973, and Fairway Valley, originally built in 1967 and renovated in 2017, are primed for operational enhancements and targeted upgrades.
Both assets benefit from proximity to major employment hubs-including the COS Airport and the Peak Innovation Park- and proximity to major military bases-including Fort Carson and Peterson Space Force Base-as well as key retail centers. This strategic positioning ensures a stable tenant base and ongoing demand from military, healthcare, tech, and government sectors.
Colorado Springs continues to experience strong population growth, rising rents, and a diversified economy driven by defense, aerospace, and healthcare— offering investors long-term stability and upside.
With 201 total units and strong fundamentals, Marquette Heights and Fairway Valley Apartments represent a rare opportunity to acquire scale in a proven, high-growth market.
HIGHLIGHTS:
• 201 units total
• Two properties: Marquette Heights • 108 units & Fairway Valley - 93 units
• $22,000,000
• Attractive assumable debt
• Self-Managed and owned for over 10 years with Day 1 operational upside
ASSUMABLE FINANCING for Marquette Heights:
• $7,800,000 Original Loan Balance
• $7,141,391 Current Loan Balance
• 4.43% Fixed Rate
• Origination on 1/1/2018
• 4 Years I/O
• Amortizing on 1/1/2022
• 12-year Term with 30 Year Amortization
• Loan Serviced by KeyBank
ASSUMABLE FINANCING for Fairway Valley:
• $6,549,797 Current Loan Balance
• 5.08% Fixed Rate
• Origination on 9/1/2018
• 12-year Term with 30 Year Amortization
• Loan Serviced by KeyBank
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