Location, Location, Location there is a reason the property is always in demand. Each unit has its own character and flare. Unit A and Unit B have their own laundry hook ups. All units currently are all leased out for 1 year. This property has a newer electric panel. Unit A has its own furnace while unit B and C have baseboard heating. This property has it's own security cameras that come with the property. This property also has ran as an Air /bnb for along time and the license would transfer with property. Seller also has all the furniture in storage if someone wanted to continue running it as a Air bnb. Come check this income producing property out.
* OWNER OCCUPIED OPPORTUNITY! The 2bedroom unit is leased thru November 2024 and the 1 BR is Leased Thru August 2025. This Duplex in Prospect neighborhood near Memorial Park and Prospect Lake. Desirable location convenient to downtown and the new Switchback Stadium! Each unit has a washer / dryer. Nicely finished with Granite, linoleum, Tile, Vinyl, carpet and nice appliances for your tenants.
Fabulous investment opportunity!! Option to rent out all units or live in one unit and rent out the other three units. Turnkey 4-unit multifamily property in a prime Colorado Springs location, centrally located among Cheyenne Mountain, Downtown Colorado Springs, and Fort Carson. All units have recently been renovated and updated. Each unit includes 720 square feet, 2 bedrooms, 1-bathroom, spacious living room, eat-in kitchen, large storage closet, newer appliances, and washer/dryer in all units. With excellent rental history, all the units provide strong rents via annual-lease tenants. Dedicated off-street parking for each unit, separately metered electric utilities, shared fenced-in yard, and a newer roof with upgraded shingles make this an ideal investment opportunity!
Very nice du-plex in crestmoor near UCCS. This is 2 story duplex, 2 bedroom, 1.5 bath includes range, refrigerator, disposal and vent fan. Each unit has space for full sized washer and dryer and has a two piece bath on the upper level and a full bath on the lower level. Large living dining area with nice views from the picture window in the living room. Dining area has sliding door which leads to your own private fenced back yard. Unit B was recently remodeled to include all flooring with luxury vinyl tile, complete interior paint, improved bathrooms and 2"california blinds.
PRICE REDUCTION! Centrally located 4-plex with great consistent rental history! 4- 1bd/1ba units with ample off street parking. Each unit has its own storage closet. Well maintained and professionally managed. Separate gas and electric meters for each tenant to pay their own utilities. Water, sewer and trash are currently included in the rent. There is a coin operated laundry space on site serviced by outside company. Close to Peterson Air Force Base, Space Command, Schreiver Air Force Base, shopping, bus lines and the Powers corridor. Turn-key investment opportunity! All rental history documents under this owner are available for review.
Cushman & Wakefield is pleased to present University Drive Apartments. This opportunity consists of a well-constructed quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. University Drive Apartments are an exciting opportunity comprised of 4 units located in the Southeast submarket of Colorado Springs, CO. The property offers four spacious, 2-bedroom, 1-bathroom apartments. Property is available for sale individually or as a a portfolio sale (21, 25 & 33 University Drive). The property benefits from its close-proximity to several employers including Amazon, Wal-Mart, Starbucks, Lowes, big-box retailers and various Dining Facilities. Additionally, the property's adjacency to nearby parks and suburban neighborhoods such as Valley Hi Golf Course, Wagner Park and Leon Young Sports Complex allow new coming residents to feel right at home. University Drive Apartments are perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. University Drive Apartments stands as an enticing opportunity to join the growing real estate market in Colorado Springs, CO.
Cushman & Wakefield is pleased to present University Drive Apartments. This opportunity consists of a well-constructed quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. University Drive Apartments are an exciting opportunity comprised of 4 units located in the Southeast submarket of Colorado Springs, CO. The property offers four spacious units, each with 2 bedrooms & 1 bathroom. Property is available for sale individually or as a a portfolio sale (21, 25 & 33 University Drive). The property benefits from its close-proximity to several employers including Amazon, Wal-Mart, Starbucks, Lowes, big-box retailers and various Dining Facilities. Additionally, the property's adjacency to nearby parks and suburban neighborhoods such as Valley Hi Golf Course, Wagner Park and Leon Young Sports Complex allow new coming residents to feel right at home. University Drive Apartments are perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. University Drive Apartments stands as an enticing opportunity to join the growing real estate market in Colorado Springs, CO.
Cushman & Wakefield is pleased to present University Drive Apartments. This opportunity consists of a well-constructed quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. University Drive Apartments are an exciting opportunity comprised of 4 units located in the Southeast submarket of Colorado Springs, CO. The property offers four spacious units, each with 2 bedrooms & 1 bathroom. Property is available for sale individually or as a a portfolio sale (21, 25 & 33 University Drive). The property benefits from its close-proximity to several employers including Amazon, Wal-Mart, Starbucks, Lowes, big-box retailers and various Dining Facilities. Additionally, the property's adjacency to nearby parks and suburban neighborhoods such as Valley Hi Golf Course, Wagner Park and Leon Young Sports Complex allow new coming residents to feel right at home. University Drive Apartments are perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. University Drive Apartments stands as an enticing opportunity to join the growing real estate market in Colorado Springs, CO.
NEW CHANGES TO MAKE NOTE OF: THE COTTAGE HAS BEEN REFRESHED WITH NEW CARPET, PAINTING AND WINDOW COVERINGS. PREVIOUS TENANTS MOVED OUT AND THE COTTAGE HAS BEEN PREPARED FOR A NEW TENANT. IT IS SUBSTANTIALLY BETTER. Income property located in the heart of the Ivywild Area. It is rented and currently being used for residential. Zoned C5 for intermediate business, so there are many options for this property. The home has been recently painted on the exterior and a new roof has been installed on both the house and the cottage in 2018. Unit 126 A has a side entrance, 2 bedrooms and 1 full bath. The kitchen has vinyl flooring and a pantry. The living room and 2nd bedroom are carpeted and the 1st bedroom has wood floors. Both bedrooms have walk-in closets There is a basement laundry, a front porch, and a side deck with a sitting area. Unit 126 B is on the second floor accessed by side stairs and deck on the east side of the property. The unit is a one bedroom, one bath unit with a clawfoot tub. The kitchen has a newer fridge and stackable washer and dryer hookup. The hot water heater is 3 years old. The cottage sits behind the main home (126 1/2). The cottage has a 1 bedroom and 1 bath. The cottage has been newly painted with new flooring and window coverings. It feels fresh and light and bright. There is a utility space with a stackable washer and dryer. There is a newer hot water heater. The gas heater is located in the living room. There is a storage shed behind the cottage. Electricity is paid separately for each unit while gas and water are split per person. There is plenty of parking for the tenants.
These are brand new. Certificate of occupancy will be given in the next 2 weeks. They will be rented out as soon as the certificate of occupancy is given. Rent is only going up in this market with a huge demand for rentals! This is a great investment that is only going to get more valuable. There are 6 duplexes each consisting of one unit with a single car garage and one unit with a 2 car garage. All units are 3 bed 2.5 bath each and ready for tenants with air conditioning, all stainless kitchen appliances, washing machine, dryer, and blinds. All units have commercial grade roofing and zero scaping in the back with small patches of grass in the front yard. All units are individually metered for utilities, the only utility that the landlord is responsible for is the water on the small patches of grass in the front. This property is very close to opportunity zones where there is potential for future redevelopment. This property is centrally located minutes from Powers Blvd to the east and minutes from downtown to the west. These units are expected to lease out very quickly and the complex is a great low maintenance buy and hold.
Colorado Springs is located in Colorado. Colorado Springs, Colorado has a population of 475,282. Colorado Springs is less family-centric than the surrounding county with 31.75% of the households containing married families with children. The county average for households married with children is 34.68%.
The median household income in Colorado Springs, Colorado is $71,957. The median household income for the surrounding county is $75,909 compared to the national median of $69,021. The median age of people living in Colorado Springs is 34.9 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 18.4 inches per year, with 57.3 inches of snow per year.