1447 Nokomis Dr - Apartments FOR SALE


Colorado Springs, CO 80915- Cimarron Hills
$675,000 USD
719-238-9074
1447 Nokomis Dr, Colorado Springs, CO for Sale
$675,000 USD
Apartments - FOR SALE
1/50
null | Request Cap Rate

1447 Nokomis Dr
Colorado Springs, CO 80915
Cimarron Hills


HIGHLIGHTS

  • PRIME LOCATION
  • STABLE RENTAL INCOME POTENTIAL
  • WELL-MAINTAINED ASSET
  • DESIRABLE UNIT FEATURES
  • AMPLE PARKING

OVERVIEW

Located in the highly desirable Cimarron Hills area, 1447 Nokomis Drive presents an exceptional multifamily investment opportunity in the heart of Colorado Springs. This well-maintained fourplex offers a total of 3,106 square feet and features four spacious units, each designed with two bedrooms and one full bathroom, totaling 8 bedrooms and 4 bathrooms throughout the property. Built in 1972, the asset has been thoughtfully cared for and provides a strong combination of functionality, comfort, and long-term investment potential. Conveniently situated just off the Powers corridor, the property offers quick access to major employers, shopping centers, restaurants, schools, and everyday amenities. Each unit benefits from ample natural light and practical floorplans, while the upper-level units enjoy beautiful mountain views and inviting sitting areas near the front entrance. Parking is abundant with eight total parking spaces located at the rear of the property, in addition to convenient street parking in front. With its desirable location, stable rental configuration, and consistent upkeep, 1447 Nokomis Drive represents an attractive opportunity for investors seeking dependable income potential in a strong Colorado Springs rental market.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$148 USD /SF

# OF UNITS

4

PRICE/UNIT

$168,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,252 SF

ZONING

RM-30 CAD-0

APN/PARCEL ID

54071-02-014

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.