Northern Colorado Apartments Continue to Outperform
On the eve of the State’s second quarter 2010 vacancy and rental report, the apartment market in Northern Colorado continues to show that it has weathered the storm better than most. Yes, you should still expect vacancy numbers to climb due to summer break for Colorado State University and the University of Northern Colorado. However, don’t expect to see a dip in rental rates. Most areas of this northern market have been able to maintain consistent rents or even bump them marginally. The primary focus has been on maintaining occupancy, improving operations and holding rents.
Apartment sales in Northern Colorado have picked up some steam as well. As of this most recent report, we have begun to include sales from 4 units and up, therefore, the comparison … Click Here for the Full Report