Denver Office

This 11.47 Acre site is a well-located parcel in North Colorado Springs, near the intersection of Voyager Parkway and Old Ranch Road. The immediate submarket is anchored by InterQuest Parkway and has become one of the most prominent and active growth corridors in the region with a mix of commercial, retail, entertainment, recreation, education, health services and residential uses. The area is dominated by several large master planned communities including The Farm and Flying Horse Ranch to the North, Pine Creek to the South, and Wolf Ranch and Cordera to the East. Housing demand is very strong in this submarket and many of these large legacy communities are either built out or approaching close out. Multi-family rental communities in this area have steady occupancy levels and comparable rent rates to the proposed product. Given the growth and demand of the Northgate submarket and the unique product offering, this site poses an exciting opportunity for future development.

Current Zoning: R5/SS

Cushman & Wakefield is pleased to present Bel Mar Apartments, an exceptional multifamily real estate offering located in Downtown Colorado Springs. The property consists of 22 units comprising 2 studio units and 20 spacious one bed, one bath units. Boasting a prime location and excellent walkability to a plethora of dining options, shopping destinations, and entertainment venues, this property presents an ideal living experience for residents. The property offers plenty of parking for tenants, private patio spaces, on-site laundry & extra storage facilities. Situated with easy access to I-25, residents can enjoy seamless commutes and convenient connectivity to surrounding areas. The nearby attractions of the new U.S. Olympic & Paralympic Museum as well as the newly built Weidner Field add to the property’s allure.

With 22 units in the heart of downtown Colorado Springs, Bel Mar Apartments presents itself as an attractive investment opportunity with 95% classic units. This unique multifamily asset presents an enticing value-add opportunity to potential investors looking to maximize returns through renovations and operational improvements.

Value-Add Potential: Bel Mar Apartments presents an excellent opportunity for value creation through interior renovations and operational improvements. Twenty units remain primed for interior renovations such as LVP flooring, shaker cabinets, countertops, appliances, and full bathroom remodel. The asset will continue to command higher rental rates and attract tenants seeking updated living spaces. Furthermore, investors have the ability to capitalize on flexible leases with immediate rental upside of approximately $300-500 per unit. Additionally, a utility bill back system can be implemented along with the rental increases to improve returns.

Central Downtown Location: Bel Mar Apartments is a legacy asset positioned in Downtown Colorado Springs. This provides tenants an attractive lifestyle with easy walkability to Downtown dining, retail & entertainment options. Bel Mar’s close proximity to the city’s economic hub of over 28,000 employees and to Colorado College, further adds to the appeal for both renters and investors alike.

This 20+ acre shovel ready site is a well-located parcel in the Bradley Heights community of Southeast Colorado Springs, near the S Powers corridor and Bradley Road. The immediate submarket is anchored by S Powers Blvd and has become one of the most prominent and active growth corridors in the region, with a mix of commercial, retail, aviation, recreation, education, and residential uses. The area is dominated by several large master planned developments including the Peak Innovation Park, Amazon warehouse hub, Colorado Springs Airport and United States Space Force. The Bradley Heights site sits within a growing mixed-use development containing new single-family homes, multifamily, commercial, business center, church, parks, and an elementary and middle school. In addition, this site is 12 miles to Downtown Colorado Springs and only minutes from the 2,000+ acre master planned airport business park. Housing demand is very strong in this submarket. Given the growth and demand of this submarket, the allowable density up to 24.99 DU/Acre, and the unique product offering, this site presents an exciting opportunity for future development.

We are pleased to present the exclusive listing of The Fargo 600, a Single Family Rental (SFR) portfolio in Fargo, ND. The portfolio is situated throughout the Fargo/West Fargo/Moorhead MSA. Fargo is the largest city in North Dakota and shares a border along the Red River with Moorhead, MN. The units are conveniently located and close to major employers like North Dakota State University and Sanford Health.

The portfolio has a rare unit mix of 3, 4 and 5 bedroom units with an average age of 7.2 years and below market rents. Simple operational improvements will achieve significant rent premiums for new leases.

The portfolio presents an exciting opportunity to invest in an asset class that is growing in popularity. The number of units will allow an investor to be immediately at scale with cash flowing units and substantial appreciation going forward.

Cushman & Wakefield is pleased to present the Fountain Oaks Apartments, an exceptional 59-unit residential community that embodies pride of ownership.

Fountain Oaks offers a diverse unit mix that appeal to all renters, with (2) studios, (34) one bedroom, (20) two bedroom, and (3) three bedroom units. Each apartment features spacious layouts with modern finishes including air conditioning, plank flooring, walk in closets, and well-equipped kitchens with dishwashers, creating a functional and stylish living environment. Additional common area amenities include on-site laundry room, individual storage, on-site managers office, and secure electronic building entry.

Fountain Oaks has been self-managed with attention to detail for over a decade, with recent capital improvements including new windows, updated exterior, new air conditioners, new furnaces, and unit renovations. The property is primed for an operational value-add as current rents can achieve immediate premiums of $150-200 and 100% utility bill backs as leases turn.

Fountain Oaks is strategically located minutes from Downtown Colorado Springs with easy access to I-25 and Highway 24, affording seamless commutes throughout the city.

• Cushman & Wakefield presents Kona Kai Apartments, a unique tropical-inspired living experience in the heart of Pueblo, Colorado.

• Well Maintained Community with Serene & Lush Feel

• Easy Access to Dining, Shopping, and Entertainment

• Mix of Studio, One Bedroom, and Two Bedroom Units

• Enhanced Living and Appeal with In-Unit Upgrades

• Convenient On-Site Management & Maintenance Services

• Attractive Investment Opportunity in the Pueblo Multifamily Market

The Old Ranch & Kettle Creek Land Sites are two well-located parcels in North Colorado Springs, near the intersection of Voyager Parkway and Old Ranch Road. The immediate submarket is anchored by Interquest Parkway and has become one of the most prominent and active growth corridors in the region with a mix of commercial, retail, entertainment, recreation, education, health services and residential uses. The area is dominated by several large master planned communities including The Farm and Flying Horse Ranch to the North, Pine Creek to the South, and Wolf Ranch and Cordera to the East. Housing demand is very strong in this submarket and many of these large legacy communities are either built out or approaching close out. Multi-family rental communities in this area have steady occupancy levels and higher comparable rent rates to the rest of Colorado Springs. The sites can be purchased together, but are available to be purchased separately as well.