1013 Bennett Ave - Multi-Family FOR SALE


Colorado Springs, CO 80909- Divine Redeemer
$699,000 USD
417-459-2155
1013 Bennett Ave, Colorado Springs, CO for Sale
$699,000 USD
Multi-Family - FOR SALE
1/21
null | Request Cap Rate

1013 Bennett Ave
Colorado Springs, CO 80909
Divine Redeemer


HIGHLIGHTS

  • 4 spacious 2BD/2BA units with highly functional, tenant-friendly layouts
  • 800 SF average unit size, offering larger-than-market living space for the area
  • Located in a strong 80909 infill submarket near downtown, employment hubs, and military bases
  • In-unit laundry and modern interior finishes supporting strong tenant demand and retention
  • Off-street parking and easy commuter access to major roads, retail, and neighborhood amenities

OVERVIEW

1011–1013 Bennett Avenue presents an exceptional opportunity to acquire a well-positioned, recently renovated multifamily asset in the heart of Colorado Springs, Colorado 80909. The property consists of 4 total units configured as spacious 2-bedroom, 2-bath residences, each averaging 800 square feet, offering a highly desirable layout for today’s renter demand. Located in a strong infill submarket with convenient access to major employment centers, military installations, and downtown Colorado Springs, the asset benefits from consistent rental demand driven by the area’s growing population and diverse economic base. The units feature functional floorplans with modern upgrades throughout, including in-unit laundry, updated interiors, and off-street parking, supporting both tenant retention and long-term stability. With its central location and efficient unit mix, this property is well-suited for investors seeking a low-vacancy, income-producing multifamily asset in a supply-constrained rental market.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$194 USD /SF

# OF UNITS

4

PRICE/UNIT

$174,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1011-1013 Bennett Avenue

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R5

APN/PARCEL ID

64091-24-040

ASK ABOUT THIS PROPERTY

Lee WagnerCushman & WakefieldMore Info
417-459-2155

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Lee WagnerCushman & WakefieldMore Info
417-459-2155

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.