Gulfstream Capital Group is pleased to announce the closing of the Cassidy Ridge Condominiums, a luxury condominium property in Mountain Village/Telluride, Colorado.
- Acquisition: All-cash purchase with no financing contingency
- Substantial Discount to Replacement Cost
- Asset Quality: The property was developed by a regional developer and institutional equity partner to the highest standards for $1mm + second homes. Gulfstream completed installation of the on-site amenity package.
- Location: Condominiums offer incredible views of the mountains surrounding the Mountain Village/Telluride, Colorado area.
|Location:||Mountain Village/Telluride, Colorado|
|Square Feet:||48,814 Net Sellable Square Feet|
|Structure:||All-Cash Purchase from the construction lender|
|Closing:||December 12, 2014|
GULFSTREAM CAPITAL GROUP, LLC is a Real Estate Investment Manager located in Dallas, Texas focused on the nationwide acquisition of Multifamily and Mixed-Use Real Estate, including Conventional, Condominiums, Senior and Student Housing.
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