by Becky Hurley Published: April 19,2010
Apartment vacancy rates in the Colorado Springs area fell to 6.9 percent during the first quarter of 2010, the lowest vacancy rate reported since 2001. The city’s overall vacancies were down from first and fourth quarters 2009, according to a report released today by the Apartment Association of Southern Colorado and the Colorado Department of [...] [...]
by Becky Hurley Published: July 17,2009
Tags: apartments
As a result of lower vacancies and stable rents, some cash-rich investors are beginning to take a closer look at the Colorado Springs market — but most are doing plenty of due diligence before signing contracts to purchase. Apartment sales have slowed to a crawl so far this year. The 200-unit Broadmoor Ridge community at 3893 Westmeadow [...] [...]
by Becky Hurley Published: July 17,2009
Tags: apartments, multifamily
While U.S. apartment vacancies rose to their highest level in 22 years, Pikes Peak region apartments were filling rapidly. The Springs’ overall vacancy rate dropped to 8.47 percent during the second quarter for complexes of 50 units or more. That was down from 9.9 percent during the prior quarter. [...]
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