Multifam 3 Pack in CO Springs - Income, Growth, Depreciation

Asset type: Apartment · Location: Colorado Springs, Colorado

UPDATE: 2 of the 3 properties are closed and under our management! Final property closing the end of April. Act now to not miss out on this deal that has it all! Colorado Springs is a fast growing market - 15% YOY growth with projected ongoing 10% YOY growth for the next decade. Motivated seller facing foreclosure puts us in a unique position to buy these 3 assets below market value. Their loss, YOUR GAIN . We call it the Copper Portfolio: 448 unit 3 property portfolio in Colorado Springs, CO Distressed seller - bought at peak of market $80M+ Under contract for $47.25M 3.2% Fixed Debt for 7 years (Assumed on 1 Property) 6-7% average cash flow 2.12 - 2.32x Equity Multiple 22 - 27% Average Annual Return on a 5 year hold Adds to firms local footprint to nearly 700 units in Colorado Springs enhancing operational scale, market intelligence, and cost efficiencies Watch the webinar , review the info, and join us on this amazing opportunity!