CHICAGO--(BUSINESS WIRE)--CA Ventures, an international real estate investment, development and management company, is excited to announce the sale of 281 Willow, an apartment building ideally located in Fort Collins, Colorado.
The $65 million sale, which closed on September 28, was made possible due to the leadership of CA Ventures CEO Tom Scott and Chief Investment Officer John Diedrich. The sale was arranged by the Walker & Dunlop Denver Investment Sales team on behalf of CA Ventures, the client, and Borello Asset Management Inc., which was the buyer.
281 Willow is a 197-unit, newly constructed Class A apartment community conveniently located in the flourishing market of Fort Collins, Colorado, which has strong multifamily fundamentals.
Located directly adjacent to downtown Fort Collins, the apartment community offers residents central access to everything that the city has to offer, including abundant restaurants, retail and recreation outlets to employment opportunities.
281 Collins is also a little more than one mile from the heartbeat of Fort Collins -- the campus of Colorado State University, which is home to 33,000 full-time students and 2,600 faculty.
Residents who live at the apartment community will have an easy commute to downtown Fort Collins, the CSU campus, numerous UTHealth hospitals as well as major employment centers throughout the city.
281 Collins isn’t just about the ideal location, though. The amenities of the property are quite impressive, too -- from rooftop decks to an oversized spa, fitness center, resident lounges and more.
The features inside the apartments are just as attractive. All are designed in a trendy, upscale and modern way. There are studio, one- and two-bedroom floor plans, and most come with a personal patio or balcony to provide outdoor space.
Each unit features quartz countertops throughout, oversized windows, programmable thermostats, open-concept living areas, a washer and dryer, stainless steel appliance package, designer faucets and tile backsplashes.
Some units even come with large walk-in closets, expansive nine-foot and vaulted ceilings and a kitchen prep island.
Other conveniences and security features include online rent payments, service requests, leasing and applications, as well as professional on-site management and maintenance. Covered parking is also available for select units.
CA Ventures has grown from a small niche company started in 2004 to a multi-faceted, global commercial real estate firm. Today, it has more than $10 billion in global assets.
For more information, please visit ca-ventures.com.