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Birchwood Village Apartments 3615-3618 E Uintah St 59 Unit Apartment Building $7,400,000 ($125,424/Unit) 6.04% Cap Rate Colorado Springs, CO 80909
Investment Highlights
- Pre-2020 Pricing
- Stabilized Rental Base
- Self-Managed Ownership
Executive Summary
- 12-Year Managed Ownership
- Strategic Central Location
- Steady Rental Base
- 30% Of Units Left To Be Renovated
- Rare Single-Story Construction Offering Excellent Accessibility & Resident Convenience
- Strategic Central Location
- Steady Rental Base
- 30% Of Units Left To Be Renovated
- Rare Single-Story Construction Offering Excellent Accessibility & Resident Convenience
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $7,400,000 | Building Class | C |
| Price Per Unit | $125,424 | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 33,364 SF |
| Cap Rate | 6.04% | Average Occupancy | 98% |
| No. Units | 59 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R5/CR | ||
| Price | $7,400,000 |
| Price Per Unit | $125,424 |
| Sale Type | Investment |
| Cap Rate | 6.04% |
| No. Units | 59 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 33,364 SF |
| Average Occupancy | 98% |
| No. Stories | 1 |
| Year Built | 1968 |
| Opportunity Zone |
Yes |
| Zoning | R5/CR |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- Laundry Facilities
- Pool
- Property Manager on Site
- Pet Play Area
- Smoke Free
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 59 | - | 400 |
1 1
Walk Score®
Very Walkable (80)
Property Taxes
| Parcel Number | 64101-18-018 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $271,490 |
Property Taxes
Parcel Number
64101-18-018
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$271,490
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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Birchwood Village Apartments | 3615-3618 E Uintah St
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