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101 Kokomo StColorado Springs, CO 80911
Widefield Apartments
Asset ClassMultifamily
overview of deal

Overview

Widefield Apartments is an exciting multifamily opportunity comprised of 125 units located in Colorado Springs. The property offers a rare unit mix of (56) spacious 2-bedroom and (69) 3-bedroom apartment homes with private patios, which appeals to families and individuals seeking comfortable living spaces.

 

Widefield Apartments distinguishes itself by providing a range of sought-after amenities to enhance residents’ lifestyles. These amenities include a well-equipped fitness center, a clubhouse for social gatherings and events, an on-site laundry center for convenience, a playground for families, and a BBQ area for outdoor leisure activities. By offering these amenities, the property creates a sense of community and fosters tenant satisfaction and tenant retention. Additionally, the property’s adjacency to Widefield Community Park provides residents with easy access to green spaces and recreational activities.

 

The property benefits from its close proximity to several large Colorado Springs employers including Fort Carson, the COS Airport, and the Peak Innovation Park, which is home to multiple Fortune 100 companies including Amazon, Frito-Lay, Northrop Grumman and the Aerospace Corporation. The property’s location near public transportation routes ensures convenient access to transportation and seamless commutes for residents.

 

Widefield Apartments represents a compelling investment opportunity for potential buyers. With its strong rental demand, spacious apartments, operational upside, and limited competition, the property has an attractive value-add story and future cash flow potential for prospective investors.

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Investment Highlights

  • One Of A Kind, Original Developer Owned Asset
  • Extremely Rare, Large 2 Bedroom And 3 Bedroom Units
  • Located In An Insulated Submarket With Limited Supply And Competition
  • Close Proximity To Peak Innovation Park, Cos Airport And Peterson Space Force Base
  • Long-Term Self Managed Asset With Pride Of Ownership
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101 Kokomo StColorado Springs, CO 80911
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Listing provided by Revere CRE