110 El Paso Blvd - Apartments FOR SALE


Manitou Springs, CO 80829
$775,000 USD
651-900-4386
110 El Paso Blvd, Manitou Springs, CO for Sale
$775,000 USD
Apartments - FOR SALE
1/52
null | 6.5% Cap Rate

110 El Paso Blvd
Manitou Springs, CO 80829


HIGHLIGHTS

  • Nearby many local amenities.

OVERVIEW

Access Property Page Here: https://110elpasoblvd.sharplaunch.com/ Freestanding multi-family property on El Paso Blvd in Manitou Springs. Turnkey Multi-Unit Layout: Features 3,165 sq. ft. configured into 9 bedrooms and 7 bathrooms, including a fully remodeled owner/manager's quarters with an updated kitchen. Extensive Capital Upgrades: Minimized near-term CAPEX thanks to recent major renovations, including a new stucco exterior, 25 high-efficiency windows, and updated commercial plumbing. 8-Zone Utility Efficiency: Equipped with a commercial-grade hot water baseboard system split into 8 individually controlled climate zones, lowering utility overhead and maximizing tenant comfort. High-Density Zoning Versatility: Formally rezoned for high-density residential use, making it ideal for stable, long-term multi-family rentals or high-yield extended-stay housing. Premium Parkside Location: Sits on a 0.46-acre lot directly across from a major municipal park and right along local transit lines, minutes from Garden of the Gods

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$245 USD /SF

# OF UNITS

4

PRICE/UNIT

$193,750

CAP RATE

6.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C

APN/PARCEL ID

74044-07-003

ASK ABOUT THIS PROPERTY

Doug McNicollMRG Realty PartnersMore Info
651-900-4386

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Doug McNicollMRG Realty PartnersMore Info
651-900-4386

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