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Capstone Closes $10.4M Sale of Value-Add Asset in Colorado Springs, CO

Capstone has closed the sale of the Ivy at Cheyenne Creek, a garden-style 38,793 SF multi-family property for the sale price of $10,450,000. Pat Knowlton of Capstone represented both Buyer and Seller in this transaction. The Ivy at Cheyenne Creek was built in 1962, and with renovations such as new appliances and flooring, the property has been well maintained. Other updates to the property include a new...

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