PARKSIDE APARTMENTS SELLS FOR $16 MILLION

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COLORADO SPRINGS, COLO. — A Washington-based apartment investor has acquired Parkside Apartments in Colorado Springs for $16 million or $59,701 per unit. Located at 2505 E. Pikes Peak Ave., the 211,336-square-foot apartment community consists of 19 two-story buildings offering 268 units. The community features a heated swimming pool, a spa, a weight and exercise room, a sport court, laundry facilities, a clubhouse and a children’s playground. Dave Potarf, Dan Woodward and Jordan Robbins of Marcus & Millichap represented both the buyer and the seller, a Colorado-based private investor, in the transaction.

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