Aspen Heights Fort Collins

Colorado State University
220 Units | 712 Beds

TSB Realty was engaged by Breckenridge Group Fort Collins Colorado to sell Aspen Heights Fort Collins via an off-market process directly approaching groups that had offered on a separate opportunity in the Fort Collins marketplace. TSB Realty secured multiple offers for the property in a very short period of time. The property was successfully sold in December 2016 to a joint venture of H. Katz Capital Group and Coastal Ridge Real Estate. Following closing, Coastal Ridge took over management of the property and re-branded it “The Outpost.”

Property Summary
• Class A product with mix of two-, three-, four- and five-bedroom apartments and cottages
• Largest floor plans in the market, including only five-bedroom option
• 220 Units | 712 Beds
• Years Built: 2014 and 2015
• Deal Closed: December 2016

Property Amenities
• Less than two miles from Colorado State University campus
• Resort-style California pool, hot tub, outdoor grills and clubhouse
• Fitness center and full volleyball court
• Movie theater, tanning beds and study lounge
• Private bathrooms plus additional half bathroom in each unit
• Shuttle to campus

Property Description
Aspen Heights Fort Collins features a mix of two-, three-, four- and five-bedroom apartments and cottages. Property amenities include a 24-hour fitness center with yoga studio, resort-style pool, hot tub, outdoor grills, clubhouse, computer lab, full-court sand volleyball, movie theater, study lounge, tanning beds and private shuttle. Units feature open floor plans, large kitchens with energy-efficient appliances, private bathrooms and guest half-baths, first-floor verandas, full-size washers and dryers, and large walk-in closets. The property is located less than two miles from CSU and was nearly 100% occupied at the time of the sale.