Colorado Springs Apartment Portfolio Sells for $14.1M

The Haven & Mallard Meadows Portfolio in Colorado Springs, consisting of 915 Teal Court, 3110-3122 Mallard Drive & 3040,3050, 3060 Mallard Drive, a 98,841-square-foot, 128-unit portfolio, has sold for $14.1 million. This one of a kind portfolio boasts a diverse unit mix of 12 studios, 38 one bedrooms, and 78 two bedrooms.

Jason Koch of Nexus Commercial Realty, LLC, represented the seller, Happy, LLC. Pat Knowlton of Nexus represented the buyer.

The Haven and Mallard Meadows Portfolio offers all units in a central location making management of this property convenient and easy. With plenty of parking and beautiful landscaping throughout, this mix has an abundance of upside to a potential investor. The Haven and Mallard Meadows Portfolio is conveniently located off Mallard Drive and Teal Court. With direct access to Highway 24 and minutes away from Airport Rd & S. Academy Blvd, this portfolio is central to an abundance of dining, retail and lifestyle attractions.

According to Nexus, the buyer plans to extensively renovate the portfolio.

Photo courtesy of Nexus

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