• Low Basis at $50K/Key – Significant margin for redevelopment profit vs. replacement cost • 84-Unit Scale – Ideal size for multifamily conversion or workforce housing project • Existing Infrastructure – Plumbing, electrical, and layout reduce redevelopment costs • Large Parcel with Flexible Layout – Supports reconfiguration or density optimization (buyer to verify) • Strong Housing Demand in Colorado Springs – Favorable fundamentals for residential conversion • Asset sale only • Financials available upon request / NDA • Buyer to verify all information, zoning, and redevelopment potential