The historic four-story Alamo Hotel building in downtown Colorado Springs was recently purchased for $5.9 million by a local investor. Matterhorn Development LLC sold the 42,556-square-foot building, which was constructed around 1900, to Carlisle’s Alamo LLC. Matterhorn purchased the property in 2006 for just $200,000 less than the sale price. Cascade Commercial Group brokered the […]
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