1015 Bennett Ave - Multi-Family FOR SALE


Colorado Springs, CO 80909- Divine Redeemer
$750,000 USD
417-459-2155
1015 Bennett Ave, Colorado Springs, CO for Sale
$750,000 USD
Multi-Family - FOR SALE
1/18
null | Request Cap Rate

1015 Bennett Ave
Colorado Springs, CO 80909
Divine Redeemer


HIGHLIGHTS

  • Well-Located Infill Asset
  • Turnkey Investment Opportunity
  • Recently Renovated, Modern Interiors
  • Large Two-Bedroom/Two-Bath Floor Plans
  • Strong In-Unit & Parking Amenities

OVERVIEW

1015-1017 Bennett Ave presents the opportunity to acquire a recently renovated multifamily property featuring large-format two-bedroom, two-bath residences in a well positioned Colorado Springs location. The asset has been thoughtfully upgraded with two units featuring stainless steel appliances, luxury vinyl plank flooring, new countertops, tile & fiberglass tub surrounds, updated doors, custom fireplace surrounds, and in-unit washer and dryers creating limited near-term capital requirements. Built in 1985, the property offers units with an expansive ~800 SF, 2BD/2BA master en-suite layout, a highly desirable floor plan in the Colorado Springs rental market where renters increasingly prioritize space, privacy, and functionality. Combined with assigned off-street parking, these features align well with the preferences of the area’s professional, military, and long-term renter base. The property’s infill location near grocery, retail, and dining amenities, along with close proximity to the U.S. Olympic & Paralympic Training Center and a short drive to Downtown Colorado Springs, positions it to directly benefit from the city’s diverse employment drivers. As Colorado Springs continues to experience steady population growth and immigration, demand for renovated, mid-sized multifamily assets in established neighborhoods remains strong, particularly where new supply is limited. 1015-1017 Bennett Ave modern interiors, efficient unit mix, and proximity to employment and lifestyle centers make it well-positioned to capture this demand while offering stable cash flow and long-term value preservation.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$234 USD /SF

# OF UNITS

4

PRICE/UNIT

$187,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,688 SF

ZONING

R5

APN/PARCEL ID

64091-24-039

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.