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3620-3626 W Colorado Ave
Colorado Springs, CO 80904
Multifamily Property For Sale
·
28 Units
Investment Highlights
- Opportunity to purchase at 6.59% capitalization rate, based on the sellers T12 financial statement
- Irreplaceable location just 1.5 miles to Garden of the Gods and Downtown Manitou Springs
- Separate laundry facilities on premises
- Property can be operated as traditional apartment building (current use), short-term rental/hospitality use or combination of the two
- Newer roof and significant updates completed by current ownership
Property Facts
| No. Units | 28 | Lot Size | 0.58 AC |
| Property Type | Multifamily | Building Size | 14,103 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1922/2018 |
| Building Class | C | ||
| Zoning | C5 R5 HS | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 14,103 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1922/2018 |
| Zoning | C5 R5 HS |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | - | - |
| 1+1 | 7 | - | - |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Number | 74033-23-014 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $131,230 |
Property Taxes
Parcel Number
74033-23-014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$131,230
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