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135 University Dr 4 Unit Apartment Building $635,000 ($158,750/Unit) 5.56% Cap Rate Colorado Springs, CO 80910
EXECUTIVE SUMMARY
• Two 4 unit buildings sold together or individually
• All 2 bedroom 1 bathroom units
• Located 4 miles east of Downtown Colorado Springs
• Well maintained property
• Most units have been renovated
• Ability to increase rents to market and add RUBS
• Roof recently replaced
• All 2 bedroom 1 bathroom units
• Located 4 miles east of Downtown Colorado Springs
• Well maintained property
• Most units have been renovated
• Ability to increase rents to market and add RUBS
• Roof recently replaced
PROPERTY FACTS
| Price | $635,000 | Apartment Style | Low-Rise |
| Price Per Unit | $158,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 5.56% | Building Size | 3,381 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1969 |
| Property Subtype | Apartment | Parking Ratio | 1.18/1,000 SF |
| Zoning | R5 AO | ||
| Price | $635,000 |
| Price Per Unit | $158,750 |
| Sale Type | Investment |
| Cap Rate | 5.56% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 3,381 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.18/1,000 SF |
| Zoning | R5 AO |
AMENITIES
UNIT AMENITIES
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 64154-01-021 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $44,320 |
PROPERTY TAXES
Parcel Number
64154-01-021
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$44,320
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135 University Dr
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