Village at New South End
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345 Rio Grande | Colorado Springs | CO
Fully entitled multi-unit residential development situated on a 1.4 acre lot located within the downtown Colorado Springs area
Acquisition Date: September / 2020
All 6 buildings were completed as of July 2023 and over 50% of the units have been leased within the past 2 months
Colorado Springs is the #1 most desirable place to live & fastest growing city for Millennials since 2010 (U.S. News & World Report & Brookings Institute)
#4 of 388 US metros for job growth ( Bureau of Labor Statistics 2018)
4x national average YOY wage growth ( Federal Reserve)
3rd best multi-family investor market in US (Millionacres 2020)
#2 nationally for rent appreciation (Apartment Rent 2020)
Two hours from world class ski resorts