COLORADO SPRINGS, CO – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has arranged the sale of Parkside Apartments (top right photo) in Colorado Springs.The sales price of $16 million represented $59,701 per unit.
Dave Potarf (top left photo) and Dan Woodward,(middle right photo) both vice president investmen
ts and senior directors of Marcus & Millichap’s National Multi Housing Group in Denver, and Jordan Robbins, an investment specialist also in the firm’s Denver office, represented the seller, a Colorado-based investor, and the buyer, a Washington State-based apartment investor.
ts and senior directors of Marcus & Millichap’s National Multi Housing Group in Denver, and Jordan Robbins, an investment specialist also in the firm’s Denver office, represented the seller, a Colorado-based investor, and the buyer, a Washington State-based apartment investor. “Parkside Apartments offered the investor a centrally located asset near city amenities within a rapidly improving market,” says Potarf.
Located at 2505 East Pikes Peak Ave., the 211,336-square foot apartment community consists of 19 two-story buildings situated on 12.14 acres, just two miles from Downtown Colorado Springs and 15 minutes from the Colorado Springs Municipal Airport.
Parkside Apartments features a mix of one- and two-bedroom units. Interior amenities include nine-foot ceilings, air conditioning, cable TV and Internet access, fireplaces, private balconies or patios, storage room, and washer and dryer hook-ups.
Vaulted ceilings, washers and dryers, walk-in closets and ceiling fans are available in select units. Community amenities include a heated swimming pool, spa, weight and exercise room, sport court, laundry facilities, clubhouse and children’s playground.Press Contact: Stacey Corso, Communications Department, (925) 953-1716
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