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Elderly residents notified Emerald Towers complex being sold - KOAA.com | Continuous News | Colorado Springs and Pueblo

Elderly residents notified Emerald Towers complex being sold

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The Emerald Towers in Colorado Springs is being sold, now residents are told they have 21 days to leave. (KOAA) The Emerald Towers in Colorado Springs is being sold, now residents are told they have 21 days to leave. (KOAA)

Elderly residents at the Emerald Towers Apartment Complex in Colorado Springs were notified this week the building is being sold. A resident told us they were informed with notes tacked on their doors Wednesday.

At least 69 residents are being impacted by the decision. One resident told News 5, "I felt like I had been punched in the stomach.. and not told the truth about what happened. We all got blindsided. We're all elderly people, we can't handle this."

We're told residents have enjoyed fixed rents for several years.

The concern now is where people will be able to find a new place to live. They have 21 days to leave the premises.

According to a resident, they were given a list of other complexes owned by the same company where they may be able to find a place to live.

News 5's Lena Howland will have a full report on this story tonight. 
 

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