Seasons at Horsetooth

JLL as selling agents are pleased to present Seasons at Horsetooth Crossing, located at 1020 Wabash St., Fort Collins, CO 80526.

This unique opportunity offers investors a compelling value-add investment in a thriving live-work-play location. With its heritage dating back to 1999, this 208-unit community represents a distinctive asset anchored by robust employment fundamentals and amenities.

Property Details: Seasons features 26 two-story buildings with 215,956 SF of rentable space and spacious average unit sizes exceeding 1,000 SF. The property boasts a 91% occupancy rate, underscoring its appeal in the Fort Collins market. Structured around a low density of ± 15 units per acre, Seasons offers residents open spaces and a welcoming suburban feel.

Strategic Context: Ideally located just 10 minutes south of Colorado State University, and surrounded by diverse employment opportunities from companies like Woodward Inc., this location benefits from the proximity to burgeoning tech and brewing industries. With Amazon's major robotics fulfillment center nearby, employment prospects continue to attract a well-educated workforce.

Seasons at Horsetooth Crossing is strategically positioned in a market experiencing outsized rental growth, driven by limited future supply and a widening rent vs. own gap. The median home price of $602,240 substantially enhances rental demand as homeownership becomes increasingly out of reach.

Investment Thesis: Investors are presented with the opportunity to unlock upside through interior unit renovations, potentially boosting revenue by implementing upgrades like wood-style flooring and modern lighting. This property promises cash flow stability with premium leasing options and strong demand from university affiliates and seasonal visitors.