Brickstone Partners has paid $81 million for 288 units comprised of the Landmark and Stone Creek apartment communities adjacent to Colorado State University in Fort Collins, Colo.
Brickstone will embark on a comprehensive upgrade of the properties, which combined feature 288 apartment homes. The upgrades will modernize the 1986-built units and include new flooring, modern kitchen and bathroom cabinets, quartz countertops, stainless steel appliances, upgraded doors, new lighting and plumbing fixtures, exterior landscaping, common-area improvements, and clubhouse finishes.
“We are excited to add these assets to our extensive Colorado student housing portfolio. The communities are some of the best located student housing near CSU, and we welcome the opportunity to upgrade these communities to better fit the active, energetic lifestyle of the neighborhood,” said Daniel Otis, founder and principal at Brickstone Partners. “Fort Collins has been featured as one