1805-1809 Eagle View Drive - Multi-Family FOR SALE


Colorado Springs, CO 80909- Divine Redeemer
$1,300,000 USD
719-238-9074
1805-1809 Eagle View Drive, Colorado Springs, CO for Sale
$1,300,000 USD
Multi-Family - FOR SALE
1/9
null | Request Cap Rate

1805-1809 Eagle View Drive
Colorado Springs, CO 80909
Divine Redeemer


HIGHLIGHTS

  • RARE 8-UNIT PORTFOLIO IN ESTABLISHED RESIDENTIAL SETTING
  • STRONG UNIT MIX WITH CONSISTENT RENTAL DEMAND
  • VALUE-ADD THROUGH RENTAL UPSIDE
  • ATTRACTIVE LOW-DENSITY ASSET CLASS
  • FAVORABLE COLORADO SPRINGS RENTAL FUNDAMENTALS
  • IDEAL FOR BOTH PRIVATE AND 1031 EXCHANGE BUYERS

OVERVIEW

Cushman and Wakefield is excited to present a rare opportunity to acquire two side-by-side fourplexes at 1805 & 1809 Eagle View Drive, totaling 8 units in a strong Colorado Springs rental pocket. Opportunities to purchase adjacent buildings of this size are uncommon and allow an investor to immediately benefit from scale, simplified management, and consistent cash flow. Both buildings are well positioned to recapture the rejuvenated rent growth driven by the new supply wave coming to an end, also benefiting from the area’s expanding employment base and sustained housing demand. The unit mix of all 2 bed 1 bath units and renovations under current ownership, create a clear path for incremental value through strategic rent adjustments and operational efficiencies, making this an attractive blend of stability and upside. Whether you are expanding an existing portfolio or seeking a high-performing first multifamily investment acquisition, this property offers the fundamentals investors look for: location, income, and appreciation potential.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$217 USD /SF

# OF UNITS

8

PRICE/UNIT

$162,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eagle View Apartments

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,900 SF

ZONING

-

APN/PARCEL ID

64043-16-003

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.