Cushman & Wakefield is pleased to present the Mountain Pointe Apartments, a beautifully updated community nestled in the vibrant heart of Colorado Springs. This meticulously maintained 71-unit building is located 2 miles Northeast of Downtown Colorado Springs in the Divine Redeemer submarket.
Mountain Pointe features a unit mix of (59) spacious one bedroom and (12) two bedroom units, each featuring large living rooms, oversized bedrooms, and walk-in closets. Units have received renovations including new vinyl plank flooring, fresh carpeting, modern paint, and stylish fixtures throughout. The building has been self-managed for over a decade and there are immediate rent premiums of $200 plus, with little to no expense as leases turn. Current ownership has made significant capital improvements including new windows, updated exteriors, landscaping, and unit renovations.
Conveniently located just outside of Downtown Colorado Springs, Mountain Pointe benefits from close proximity to a wealth amenities, including walkability to shopping, dining, and entertainment options. The building’s immaculate condition and established presence in the market position Mountain Pointe as a promising investment, with potential for increased value through strategic unit enhancements and operational efficiencies.