3562 N Carefree Cir, Colorado Springs, CO, 80917-2803, US

Greentree Village

Attributes

Number of units

216

Occupancy

91%

Year built

1972

Year renovated

2009

Building area net

17,757 m²

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale Greentree Village, a 216-unit LIHTC property in Colorado Springs, CO. The Offering is well-located in Colorado Springs and offers a stable, bond-like cash flow due to the deep income restrictions at the Property and the +$466 spread of market-rate rents over in-place lease rents. The Property also presents investors with the opportunity to deploy capital into an attractive market with strong historical and projected max rent growth.

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