Real Estate & Construction  November 28, 2018

Student apartment complex next to CSU sells for $49M

FORT COLLINS — Stadium Apartments, a student housing community near Colorado State University, recently sold for $49 million, Larimer County public records show.

The transaction was recorded Nov. 19.

The seller for the West Lake Street complex, which was built last year, is listed as Student Housing CSU LLC, a company registered to a Madison, Wis., address. The buyer is Student Apartments CSU LLC, which is registered in Tallahassee, Fla.

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The community has 102 units, with apartments ranging from two to five bedrooms. Students rent individual bedrooms within an apartment. Amenities include a pool, study areas and rooftop patio.

The price per unit of the sale was about $480,400.

FORT COLLINS — Stadium Apartments, a student housing community near Colorado State University, recently sold for $49 million, Larimer County public records show.

The transaction was recorded Nov. 19.

The seller for the West Lake Street complex, which was built last year, is listed as Student Housing CSU LLC, a company registered to a Madison, Wis., address. The buyer is Student Apartments CSU LLC, which is registered in Tallahassee, Fla.

The community has 102 units, with apartments ranging from two to five bedrooms. Students rent individual bedrooms within an apartment.…

Ken Amundson
Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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