It looks as though the ACE Technology Park in Loveland will be renovated, and has the potential to bring about 100 companies and 7,000 jobs to the area. While this is great news for the northern Colorado economy, it is also great news for the northern Colorado real estate investor! With vacancy in both Fort Collins and Loveland at all time lows, there will be even MORE people moving to town that will want to rent for a while prior to purchasing, or rent indefinitely if they are only temporary employees. The market around the Colorado State University campus for real estate investment has had increasing rents and quick sales, but the same possibilties exist around the new technology campus.
Renters will want to be close enough to work to not have a long commute, but also be close enough to the foothills to enjoy all of the outdoor activities that Colorado has to offer. I am already evaluating residential investment properties in the pertinent areas, and I would love to show you some of the numbers I’m coming up with. Give me a call or shoot me an email if you have any questions!