33 W Willamette Ave - Multi-Family FOR SALE


Colorado Springs, CO 80903- Downtown Colorado Springs
$1,290,000 USD
417-459-2155
33 W Willamette Ave, Colorado Springs, CO for Sale
$1,290,000 USD
Multi-Family - FOR SALE
1/72
null | Request Cap Rate

33 W Willamette Ave
Colorado Springs, CO 80903
Downtown Colorado Springs


HIGHLIGHTS

  • Prime Downtown Location
  • Historic Character & Tenant Appeal
  • Favorable Unit Mix & Rentability
  • Value-Add Potential
  • Supply-Constrained Submarket

OVERVIEW

33 W. Willamette Ave is a historic multifamily investment opportunity located in the highly sought-after Downtown / Old North End neighborhood of Colorado Springs. Originally built in 1902, the property features seven residential units totaling 5,581 square feet on a compact urban infill site. The asset benefits from a highly walkable location in close proximity to Colorado College, Monument Creek, and a wide range of downtown dining, retail, and cultural amenities. This prime positioning supports consistent demand from a diverse tenant base, including students, young professionals, and lifestyle-oriented renters. With strong in-place occupancy, endearing architectural character, and adjacency to key economic and cultural drivers, 33 W. Willamette Ave offers investors a stable cash-flow profile with meaningful long-term appreciation potential in one of the city’s most vibrant and evolving neighborhoods

FOR SALE DETAILS

PRICE

$1,290,000 USD

PRICE/SF

$231 USD /SF

# OF UNITS

7

PRICE/UNIT

$184,286

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,926 SF

ZONING

R-5

APN/PARCEL ID

64073-15-010

ASK ABOUT THIS PROPERTY

Lee WagnerCushman & WakefieldMore Info
417-459-2155

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Lee WagnerCushman & WakefieldMore Info
417-459-2155

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