3137 W Pikes Peak Ave - Apartments FOR SALE


Colorado Springs, CO 80904- West Colorado Springs
$750,000 USD
719-321-1175
3137 W Pikes Peak Ave, Colorado Springs, CO for Sale
$750,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

3137 W Pikes Peak Ave
Colorado Springs, CO 80904
West Colorado Springs


HIGHLIGHTS

  • • Strong appeal for both renters and owners seeking walkable, lifestyle-oriented living
  • • Preliminary approvals already in place for six townhomes—potentially a streamlined path to development
  • • Flexible MX-M zoning allowing for townhomes, mixed-use, live/work, or alternative concepts. This could be a relatively efficient infill project — or
  • • ~3-minute walk to Starbucks and ~5 minutes to a retail center with Safeway, gym, dining, and services
  • • Immediate access to Highway 24, minutes to Garden of the Gods and Old Colorado City

OVERVIEW

A strong fit for a developer/builder focused on well-located, efficient infill projects! Location! Location! Location! This is one of those opportunities where the location does much of the heavy lifting, with flexibility to execute a straightforward project or something more creative. The property sits right at the gateway between Manitou Springs and Colorado Springs, Colorado, an area people truly enjoy living in.Please call the listing agent to discuss more information.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$359 USD /SF

# OF UNITS

3

PRICE/UNIT

$250,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1899

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,430 SF

ZONING

MX-M

APN/PARCEL ID

74034-20-013

ASK ABOUT THIS PROPERTY

Ling GoddardTrade Bridge RealtyMore Info
719-321-1175

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Ling GoddardTrade Bridge RealtyMore Info
719-321-1175

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