750 Kiowa Colorado Springs CO 80903

Description

Cushman & Wakefield is excited to present the opportunity to acquire a well-positioned 5-unit multifamily property located at 750 East Kiowa Street in the highly desirable area of Colorado Springs. Featuring a balanced unit mix with one, two, and three bedroom units, this property offers a unique blend of location, tenant demand, and significant potential for value creation, making it an exceptional addition to any investment portfolio. 750 East Kiowa Street benefits from a premier location in one of the most sought-after neighborhoods in Colorado Springs. Located just outside of Downtown, tenants have easy access to the area's best amenities, including a wide range of dining, retail, and entertainment options, offering the best of both worlds: proximity to the vibrant city center and the tranquility of a more residential setting. The property also offers substantial upside potential with under-market rents, providing an opportunity for the new owner to realize a strong return on investment by aligning rents with current market rates. This potential for rent increases enhances the overall appeal of the property and positions it well for long-term financial growth. This property is strategically located in a rapidly growing market, offering a stable income streamwith substantial upside potential. The combination of a strong location near Downtown and Colorado College, an attractive unit mix, and the opportunity to adjust rents to market rates makes 750 East Kiowa Street a rare and valuable investment opportunity.