Colorado Springs is growing, no one can dispute the facts. Colorado Springs is also somewhat mobile, something many people do not recognize due to the spread out nature of the city. With the USAF Academy, higher education, defense plants, military installations, and the US Olympic Center located minutes from downtown, there are many people who come here for a purpose, stay a while, then leave. They all need a place to reside, and an apartment is an excellent choice for many of them. Apartments can be a bit challenging to find right now, due to the tremendous growth seen in the past few years in the area, and rental prices keep increasing. Occupancy rates are high, and even modest units can provide a solid return monthly.
Good investment multi-unit parcels often do not make it to the open market in Colorado Springs. There are no abundance of facilities to start, and competition stiff for them when they become available due to the good return on investment they offer. If you are interested in a substantial but strong return for your money, enlisting a knowledgeable realtor familiar with sourcing investment properties and apartment complexes in particular can be a tremendous aid to find what you want at a decent price.
The Springs Home Team has many combined decades of experience helping investors find parcels that meet their stringent buying requirements. When we do searches for our commercial clients, we make certain to check for liens, zoning issues, and encumbrances. We will be happy to provide current comparatives for rental properties in the surrounding area so you know occupancy rates and what the competition might offer. We know that location is the top consideration for investment property, and we have a wide network of contacts from years of strong, positive interaction with government, financial institutions, and property holders to find out when things are coming up for sale. We know when prices have dropped when a seller is incentivized, and what the cap rates are for the surrounding area. Our experience also gives us signals that are important to you, such as recognizing modifications in a structure that could generate above normal maintenance costs, or be covering up issues. Most investors are too busy to do the legwork and research required to locate a good apartment investment. The Springs Home Team does it for you, while negotiating the best possible purchase price agreement to create increased equity and higher potential profits in the future.
There are many different neighborhood considerations including distance from schools and major work districts, amenities, and others that affect the price of an apartment complex when it goes up for sale. While location is critical to the overall value of the property, your final sale price is more than likely going to be dictated by the condition and presentation of your complex. The Springs Home Team has helped sell everything from total out-of-date fixers to high-end brand new luxury complexes. We know what the buyers are looking for, how to present your property in its best light, and how to strategically but professionally create interest and offers among a variety of investors.
If you are considering selling your multi-family complex in Colorado Springs, now is a great time to get started while property is appreciating and in high demand with low inventory. All three main industries in the area, military, high-tech manufacturing, and tourism, are on the rise. Many retirees are considering our area, and are looking for second careers or income streams. Our military operations are here to stay, and tech is growing by leaps and bounds as companies are increasingly enlightened about the improvement in morale, production, health and health costs, transportation expenses, and other benefits and cost savings in the unique, refreshingly different cultural and economic climate of Colorado Springs.
Agents for Investment Properties – Apartments For Sale Colorado Springs
Hi, my name is Ramona Williams and I started The Springs Home Team over a decade ago. Every real estate professional on our team is highly talented, motivated and dedicated to the beauty and independent nature of the south central Colorado region. We value our commercial and investment clients, and go above and beyond to provide all the information and data you need to make educated decisions about where to place your money for residual income. Call us or send in our online form, and I or one of my agents will get right back to you. We have a proven track record in negotiating better buying prices and receiving higher offers for purchase than any firm in the area. We take care of your business with focus and dedication, just like it was our own. Let us help you with your investment apartment complex in Colorado Springs. You will be in the hands of experienced professionals who are on your side, every transaction.