3615-3618 E Uintah St - Apartments FOR SALE


Colorado Springs, CO 80909- Knob Hill
$7,000,000 USD
303-859-0682
3615-3618 E Uintah St, Colorado Springs, CO for Sale
$7,000,000 USD
Apartments - FOR SALE
1/36
null | 6.44% Cap Rate

3615-3618 E Uintah St
Colorado Springs, CO 80909
Knob Hill


HIGHLIGHTS

  • Seller-Financing option (Terms = 5% Interest-Only, 5 years, 35% Down)
  • 1-story ranch-style apartments offer easy accessibility, unique character, and additional privacy
  • ~75% of units renovated w/ clear upside potential in remaining ~25%
  • New boiler, recent re-roof, new gas water heater
  • Top-of-market rents for 360 SF 1-bed, 1-bath apartments
  • Long-time, proven operating history with quiet, loyal tenant base

OVERVIEW

Birchwood Village Apartments presents a compelling multifamily investment opportunity in central Colorado Springs, offering a stabilized 60-unit single-story community with proven operational performance and meaningful value-add potential. This rare offering combines attractive seller-financing options, strategic location, and a flexible acquisition structure to fit all investment needs. Positioned in between Downtown CO Springs and COS Airport in the highly walkable Knob Hill neighborhood, Birchwood village benefits from strong tenant demand, proximity to key employment centers, ample recreation options, shopping and dining corridors, and established community character. With easy access to major thoroughfares, golf courses, and the Citadel Mall, the property attracts a diverse and stable tenant base. This property’s ranch-style units and proven self-managed ownership history demonstrate operational stability and expense control. Approximately 75% of units have been renovated with updated kitchens, bathrooms, appliances, and flooring; the remaining 25% presents clear runway for rental upside through targeted cosmetic improvements. Community amenities include a swimming pool, on-site laundry facilities, 24/7 security monitoring, spacious courtyards, ample parking, and high-speed internet-ready units. This property accepts housing authority vouchers, broadening the eligible tenant pool and supporting occupancy stability. The Birchwood Village offering allows for a seller-financing option with attractive terms (5% Interest-Only, 5 years, 35% Down). Investors have the option to acquire the (1) full package of apartments and adjacent land parcel, (2) apartments separately, (3) two 30-unit buildings separately, or (4) 1/2 acre land parcel.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$210 USD /SF

# OF UNITS

60

PRICE/UNIT

$116,667

CAP RATE

6.44%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Birchwood Village

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

R5/CR

APN/PARCEL ID

64101-18-018

ASK ABOUT THIS PROPERTY

Drew MadayagKaufman HaganMore Info
303-859-0682

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Drew MadayagKaufman HaganMore Info
303-859-0682

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