Charter School Purchases 2-Bldg. Complex for $1.6 Million
Atlas Preparatory School purchased the properties at 1602-1628 and 1630-1652 S. Murray Blvd. in Colorado Springs, CO, from American National Insurance Co. in an REO sale for nearly $1.58 million or $29 per square foot.
The two flex building complex totals 53,641 square feet and was built in 1984 on 3.46 acres in Airport Park. The buyer occupied 1602-1628 S. Murray in its entirety at the time of sale on a lease. The buyer plans to expand into 1630-1652 S. Murray by the first quarter of next year.
Please refer to CoStar COMPS #2184658 for more information on this transaction.