Cheyenne Crest is a 1984 constructed Class B asset located in the southern most portion of Colorado Springs and consists of 208 units. This acquisition represents OpenPath Investments’ second purchase in the Springs market which is experiencing rising rental growth and tight supply. Given the vintage of the asset, OpenPath Investments has significant renovation and upgrade plans to cure all deferred maintenance as well as improve unit interiors.

Property Details

Year Built: 1984
No. of Units: 208
Acquisition Date: July 2016