$766,660
Colorado Springs, CO 80907
- El Paso County
- 8 Beds
- 4 Baths
Key Features
- Property Type: Residential Income
- Status: Active
- MLS® ID: 6807582
- Year Built: 1972
- County: El Paso
- Neighborhood: Colorado Springs
Interior Details
- Bedrooms: 8
- Bathrooms: 4
- Heating: Baseboard
Exterior Details
- Garage: 4
- Zoning: R5
- Roof: Fiberglass
- Sewer: City Sewer, Public Sewer
Description
Cushman & Wakefield is pleased to present 1099 Westmoreland Road, a quadraplex 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. This exciting opportunity, comprised of 4 units, is located in the thriving northside submarket of Colorado Springs, CO. The property offers all 2-bedroom, 1-bathroom apartment homes with some recent renovations. The property benefits from its close proximity to Interstate 25, Garden of the Gods, University Village and UCCS. 1099 Westmoreland Road is 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. All units do have approximately $125 in RUBS and currently the property has one vacant unit.
Location
- Address: 1099 Westmoreland Rd Colorado Springs CO 80907
- City: Colorado Springs
- State: CO
- Zip: 80907
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Listing # Courtesy of Nic Polaski of Cushman & Wakefield. Last Updated: April 15, 2024.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
