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East Colorado Portfolio 5 Multifamily Properties Offered at $3,700,000 in Colorado Springs, CO
Investment Highlights
- 20-Unit Multifamily Portfolio
- Strong Rental Demand Drivers
- Long-Term Growth Potential
- Strategic East Colorado Springs Location
- Management Efficiency
Executive Summary
Cushman & Wakefield is pleased to present the East Colorado Springs Portfolio, a rare opportunity to acquire five multifamily assets totaling 20 units in one of Colorado Springs’ most active and rapidly growing rental corridors. The portfolio consists of:
• 915 Hathaway Drive – 4 units
• 925 Hathaway Drive – 4 units
• 1006 Western Drive – 4 units
• 1010 Western Drive – 4 units
• 5540 Bonita Village Road – 4 units
Total Unit Count: 20 Units
Strategically located in East Colorado Springs near the Colorado Springs Airport and the highly desirable Powers Corridor, these properties benefit from strong rental demand driven by convenient access to major employment centers, military installations, retail amenities, dining, and transportation routes. The surrounding area continues to experience significant residential and commercial growth, making it one of the city’s most attractive investment submarkets. The portfolio offers investors the advantage of acquiring multiple assets within close proximity, creating operational efficiencies and streamlined management. Tenants enjoy easy access to Peterson Space Force Base, Schriever Space Force Base, major healthcare providers, and the extensive shopping and entertainment destinations located along Powers Boulevard. With a diversified collection of 4-unit properties situated in established residential neighborhoods, the East Colorado Springs Portfolio presents an excellent opportunity for investors seeking stable cash flow, long-term appreciation potential, and a scalable multifamily investment in a high-demand Colorado Springs market. The combination of location,
accessibility, and continued area growth positions this portfolio as a compelling acquisition opportunity for both local and out-of-state investors.
• 915 Hathaway Drive – 4 units
• 925 Hathaway Drive – 4 units
• 1006 Western Drive – 4 units
• 1010 Western Drive – 4 units
• 5540 Bonita Village Road – 4 units
Total Unit Count: 20 Units
Strategically located in East Colorado Springs near the Colorado Springs Airport and the highly desirable Powers Corridor, these properties benefit from strong rental demand driven by convenient access to major employment centers, military installations, retail amenities, dining, and transportation routes. The surrounding area continues to experience significant residential and commercial growth, making it one of the city’s most attractive investment submarkets. The portfolio offers investors the advantage of acquiring multiple assets within close proximity, creating operational efficiencies and streamlined management. Tenants enjoy easy access to Peterson Space Force Base, Schriever Space Force Base, major healthcare providers, and the extensive shopping and entertainment destinations located along Powers Boulevard. With a diversified collection of 4-unit properties situated in established residential neighborhoods, the East Colorado Springs Portfolio presents an excellent opportunity for investors seeking stable cash flow, long-term appreciation potential, and a scalable multifamily investment in a high-demand Colorado Springs market. The combination of location,
accessibility, and continued area growth positions this portfolio as a compelling acquisition opportunity for both local and out-of-state investors.
Property Facts
| Price | $3,700,000 | Number of Properties | 5 |
| Price / SF | $211.89 / SF | Individually For Sale | 0 |
| Cap Rate | 5.71% | Total Building Size | 17,462 SF |
| Sale Type | Investment | Total Land Area | 1.51 AC |
| Status | Active |
| Price | $3,700,000 |
| Price / SF | $211.89 / SF |
| Cap Rate | 5.71% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 17,462 SF |
| Total Land Area | 1.51 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5540-5546 Bonita Village Rd, Colorado Springs, CO 80915 | Multifamily | 4,512 SF | 1985 | - |
| 1010 Western Dr, Colorado Springs, CO 80915 | Multifamily | 3,898 SF | 1977 | - |
| 1006 Western Dr, Colorado Springs, CO 80915 | Multifamily | 3,052 SF | 1978 | - |
| 925 Hathaway Dr, Colorado Springs, CO 80915 | Multifamily | 3,000 SF | 1983 | - |
| 915 Hathaway Dr, Colorado Springs, CO 80915 | Multifamily | 3,000 SF | 1983 | - |
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