1065 Magnolia St - Apartments FOR SALE


Colorado Springs, CO 80907- Cragmoor
$725,000 USD
719-238-9074
1065 Magnolia St, Colorado Springs, CO for Sale
$725,000 USD
Apartments - FOR SALE
1/60
null | Request Cap Rate

1065 Magnolia St
Colorado Springs, CO 80907
Cragmoor


HIGHLIGHTS

  • Conveniently located near UCCS, providing easy access to campus amenities and attracting a stable student and faculty renter base.
  • Rent Renovations
  • The property is fully leased with a reliable rental history, providing a stable cash flow.

OVERVIEW

Cushman & Wakefield is pleased to present an exceptional investment opportunity in a well-located 4-plex in Colorado Springs, with two recently renovated units, situated near the University of Colorado Colorado Springs (UCCS) and Interstate 25 (I-25). This multifamily property features four spacious 2-bedroom, 1-bathroom units, offering an attractive combination of high demand, consistent rental income, and long-term appreciation potential. This property is positioned for long-term value appreciation and offers the potential for immediate returns to investors seeking stable income in a high-demand market. Significant capital improvements have been made and recent exterior painting and tree/shrub removal has significantly improved curb appeal. It is an ideal opportunity for those looking to capitalize on the growing rental market in Colorado Springs.

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$196 USD /SF

# OF UNITS

4

PRICE/UNIT

$181,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,930 SF

ZONING

R4

APN/PARCEL ID

63293-13-031

ASK ABOUT THIS PROPERTY

Nic PolaskiCushman & WakefieldMore Info
719-238-9074

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Nic PolaskiCushman & WakefieldMore Info
719-238-9074

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