The Colorado Springs Apartment Investor

The Voice of Colorado Peak Properties

Browsing Posts in Analysis

According to Fred Crowley, Senior Economist at UCCS, “The Business Conditions Index (BCI) now stands at 79.09, up from its March value of 70.4.  This is a 12.35% improvement since March.  The bottoming of the BCI and significant improvement in several local indicators since March suggests the Colorado Springs economy is probably out of its [...]

I’ve been studying a property in Austin, Texas lately. It’s an 84-unit apartment that was rehabbed “down to the studs” in 2005. The owner recently installed artificial bermuda grass to reduce maintenance and improve appearances. There is also an outside video surveillance system that is accessible via a password-protected web page. The asking price is [...]

On February 24, 2009, Marcus & Millichap presented a one hour webcast presenting the current state of the economy, the capital markets and the apartment market. They also looked forward several years for their projections.  I’m going to go over some of the points that seemed most important to me. If you’d like to look [...]

This property creates a good first impression. Multiple 2-story buildings are in good shape and sit in a nicely-landscaped campus. The four- and six-plexes are built like town homes, with each unit having a main floor and an upstairs. There are 12 two bedroom units, each 850 square feet, and 58 three bedroom apartments, each [...]