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This Multifamily Property is no longer advertised on LoopNet.com.
221-225 E Brookside St
Colorado Springs, CO 80905
Sapphire Apartments · Multifamily Property For Sale
·
22 Units

Investment Highlights
- OPERATIONAL VALUE ADD - Immediate opportunity to increase rents to market rate
- DIVERSIFIED UNIT MIX - Consisting of studios, 1 bedrooms, 2 bedrooms, and 3 bedrooms
- SIGNIFICANT CAPITAL EXPENDITURE IMPROVEMENTS - Full Boiler System replaced 2024
Property Facts
| No. Units | 22 | Building Size | 11,913 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 2.35/1,000 SF |
| Lot Size | 0.64 AC | Cross Streets | S Nevada Ave |
| Zoning | C5 | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 11,913 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 2.35/1,000 SF |
| Cross Streets | S Nevada Ave |
| Zoning | C5 |
Amenities
Unit Amenities
- Refrigerator
- Oven
Site Amenities
- Controlled Access
- Laundry Facilities
- Picnic Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 250 |
| 1+1 | 13 | - | 450 |
| 2+1 | 4 | - | 730 |
| 3+1 | 1 | - | 785 |
Property Taxes
| Parcel Number | 64194-13-010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $145,070 |
Property Taxes
Parcel Number
64194-13-010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$145,070
Listing ID: 34508035
Date on Market: 1/16/2025
Last Updated:
Address: 221-225 E Brookside St, Colorado Springs, CO 80905
The Stratton Meadows Multifamily Property at 221-225 E Brookside St, Colorado Springs, CO 80905 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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