3146-3152 W Colorado Ave

Property Details

Overview

This historic, stabilized multifamily investment property is located in Old Colorado City, a charming neighborhood situated between downtown Colorado Springs and Manitou Springs. The property consists of 15 residential units across three buildings situated on two parcels. Directly across the street from everyday amenities including Safeway and Planet Fitness, and less than a mile from Garden of the Gods Park and Red Rock Canyon Open Space, the property offers an attractive combination of convenience, neighborhood character, and access to some of Colorado Springs’ most popular outdoor recreation destinations. This desirable westside location provides strong appeal to renters seeking a balance of urban amenities and outdoor recreation.

The property is currently 100% leased and has benefited from substantial capital improvements over the past five years. With established rental income, a desirable location, and significant recent improvements, this offering presents an attractive opportunity for investors seeking stable cash flow, consistent rental demand, and reduced near-term capital expenditure requirements.

Highlights

Location Map