Equus Capital Partners has acquired Vistas at Jackson Creek Apartments, a 267-unit, 95 percent occupied, garden-style apartment community located in the north Colorado Springs–MSA municipality of Monument, Colo., for $97 million.
The acquisition was made on behalf of Equus Investment Partnership XII, a targeted $500 million discretionary equity fund managed by Equus, which opened for investment in August 2021.
Vistas at Jackson Creek Apartments was built in two phases in 2011 and 2015 and is situated on 14.13 acres. The community offers one-, two- and three-bedroom apartment units ranging from 762 to 1,336 square feet. Each apartment unit features nine-foot ceilings, and interior unit finishes include spacious kitchens with black appliances, granite countertops, modern Shaker-style cabinets, oversized chef’s island, undermount sink within the island, and pendant lighting. Additional finishes include faux-wood flooring, oversized windows, spacious closets and pri
