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3129 & 3133 N EL PASO STREET 3129 N El Paso St 8 Unit Apartment Building $1,265,000 ($158,125/Unit) 6.17% Cap Rate Colorado Springs, CO 80907
INVESTMENT HIGHLIGHTS
- TURN-KEY INVESTMENT
- UNIQUE BLEND OF COMMERCIAL AND RESIDENTIAL SPACE IN THE LOCALE NEAR NORTH NEVADA REDEVLOPMENT CORRIDOR
- CREATIVE OPPORTUNITY WITH ROOM FOR INCOME GROWTH
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to introduce 3129 & 3133 N El Paso Street, a versatile property offering a unique blend of commercial and residential spaces in the vibrant locale near the North Nevada Redevelopment Corridor & Downtown Colorado Springs. This listing encompasses three distinct components: a one-unit commercial building, a single-family home, and a multifamily property consisting of six units.
The added commercial space presents an exciting business opportunity for investors. With a prime location, the potential for high traffic and visibility enhances the appeal for business owners seeking a strategic business address. Complementing the commercial space, the single-family home and multifamily property, offering a harmonious blend of space and functionality, cater to a variety of needs for renters.
Situated just North of Downtown Colorado Springs, this property benefits from its proximity to key amenities, entertainment options, and cultural attractions. With its diverse offerings, strategic location, and potential for a range of uses, 3129 & 3133 N El Paso Street represents a highly compelling opportunity for those seeking to place capital in the heart of Colorado Springs and reap high returns.
The added commercial space presents an exciting business opportunity for investors. With a prime location, the potential for high traffic and visibility enhances the appeal for business owners seeking a strategic business address. Complementing the commercial space, the single-family home and multifamily property, offering a harmonious blend of space and functionality, cater to a variety of needs for renters.
Situated just North of Downtown Colorado Springs, this property benefits from its proximity to key amenities, entertainment options, and cultural attractions. With its diverse offerings, strategic location, and potential for a range of uses, 3129 & 3133 N El Paso Street represents a highly compelling opportunity for those seeking to place capital in the heart of Colorado Springs and reap high returns.
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3129 & 3133 N EL PASO STREET | 3129 N El Paso St
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