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411 Lakewood Cir - Satellite Hotel 2,124 SF Office Condo Unit Offered at $499,000 in Colorado Springs, CO 80910



Executive Summary
NOW FOR SALE: THE PENTHOUSE IN THE SATELLITE HOTEL. The condominium is Located at 411 South Academy Boulevard on the 14th floor. It has the best unobstructed (360 degrees) views of the Pikes Peak, the front range, and the prairies. This has both, the most amazing sunrise and sunset views! The condo is 5,041 SF. It’s zoned PDZ AO which allows for most reasonable uses including office or residential or commercial use. The HOA cost (which includes utilities and building maintenance) is $1,825 a month. The 2024 annual tax bill was $11,244 = ($950 per month). For the confidential financial information and a private showing, call Tim Leigh: 719-337-955, Holly Trinidad: 719-337-0999.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
NOW FOR SALE: THE PENTHOUSE IN THE SATELLITE HOTEL.
The condominium is Located at 411 South Academy Boulevard on the 14th floor.
It has the best unobstructed (360 degrees) views of the Pikes Peak, the front range, and the prairies.
This amazing sunrise and sunset views!
The condo is 5,041 SF. It’s zoned PDZ AO which allows for most reasonable uses including office or residential or commercial use.
The HOA cost (which includes utilities and building maintenance) is $1,825 a month. The 2024 annual tax bill was $11,244 = ($950 per month).
For the confidential financial information and a private showing,
call Tim Leigh: 719-337-955, Holly Trinidad: 719-337-0999.
The condominium is Located at 411 South Academy Boulevard on the 14th floor.
It has the best unobstructed (360 degrees) views of the Pikes Peak, the front range, and the prairies.
This amazing sunrise and sunset views!
The condo is 5,041 SF. It’s zoned PDZ AO which allows for most reasonable uses including office or residential or commercial use.
The HOA cost (which includes utilities and building maintenance) is $1,825 a month. The 2024 annual tax bill was $11,244 = ($950 per month).
For the confidential financial information and a private showing,
call Tim Leigh: 719-337-955, Holly Trinidad: 719-337-0999.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Penthouse | 2,124 SF | Office | $499,000 ($234.93/SF) | - |
Unit Penthouse
| Unit Size |
| 2,124 SF |
| Condo Use |
| Office |
| Price |
| $499,000 ($234.93/SF) |
| NOI |
| - |
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Unit Penthouse
| Unit Size | 2,124 SF |
| Condo Use | Office |
| Price | $499,000 ($234.93/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| NOW FOR SALE: THE PENTHOUSE IN THE SATELLITE HOTEL.<br> <br> The condominium is Located at 411 South Academy Boulevard on the 14th floor.<br> <br> It has the best unobstructed (360 degrees) views of the Pikes Peak, the front range, and the prairies. <br> <br> This amazing sunrise and sunset views!<br> The condo is 5,041 SF. It’s zoned PDZ AO which allows for most reasonable uses including office or residential or commercial use.<br> <br> The HOA cost (which includes utilities and building maintenance) is $1,825 a month. The 2024 annual tax bill was $11,244 = ($950 per month).<br> <br> For the confidential financial information and a private showing,<br> call Tim Leigh: 719-337-955, Holly Trinidad: 719-337-0999.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 529,776 SF | Typical Floor Size | 576 SF |
| Property Type | Hospitality (Condo) | Year Built | 1968 |
| Property Subtype | Hotel | Lot Size | 10.19 AC |
| Building Class | C | Parking Ratio | 10/1,000 SF |
| Floors | 12 | ||
| Zoning | PDZ AO | ||
| Total Building Size | 529,776 SF |
| Property Type | Hospitality (Condo) |
| Property Subtype | Hotel |
| Building Class | C |
| Floors | 12 |
| Typical Floor Size | 576 SF |
| Year Built | 1968 |
| Lot Size | 10.19 AC |
| Parking Ratio | 10/1,000 SF |
| Zoning | PDZ AO |
Amenities
- Business Center
- Fitness Center
- Restaurant
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | $90.00 | - |
| Guest Room | 72 | $61.00 | - |
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Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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