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COLORADO SPRINGS, COLO. — Capstone has brokered the purchase of The Gardens at Hidden Creek, an apartment community located in Colorado Springs. The property traded for $17.5 million. The names of the seller and buyer were not released.
Located at 1111-1123 Verde Drive, The Gardens at Hidden Valley feature 125 units in a mix of 19 studios, 82 one-bedroom/one-bath, 23 two-bedroom/two-bath and one three-bedroom/one-bath layouts. On-site amenities include a pool, cybercafé, picnic area, fitness center, barbecue area and clubhouse.
Adam Riddle and Patrick Knowlton of Capstone represented the buyer in the deal.