4226 Forrest Hill Rd - Apartments FOR SALE


Colorado Springs, CO 80907- Holland Park
$1,599,000 USD
720-939-2943
4226 Forrest Hill Rd, Colorado Springs, CO for Sale
$1,599,000 USD
Apartments - FOR SALE
1/23
null | 5.88% Cap Rate

4226 Forrest Hill Rd
Colorado Springs, CO 80907
Holland Park


OVERVIEW

4226–4228 Forrest Hill Road presents an excellent opportunity to acquire an 8-unit multifamily property in the heart of Colorado Springs. Situated in a stable rental submarket with strong demand for workforce housing, this asset offers investors a blend of consistent cash flow and long-term appreciation potential. The property is well-positioned to capture ongoing population growth, economic expansion, and limited housing supply in the Colorado Springs metro.

FOR SALE DETAILS

PRICE

$1,599,000 USD

PRICE/SF

$564 USD /SF

# OF UNITS

8

PRICE/UNIT

$199,875

CAP RATE

5.88%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,557 SF

ZONING

R4

APN/PARCEL ID

73252-08-024

ASK ABOUT THIS PROPERTY

Joe HornsteinNorthPeak Commercial AdvisorsMore Info
720-939-2943

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Joe HornsteinNorthPeak Commercial AdvisorsMore Info
720-939-2943

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