467 El Paso Blvd - Multi-Family FOR SALE


Manitou Springs, CO 80829
$5,192,000 USD
719-639-7000
467 El Paso Blvd, Manitou Springs, CO for Sale
$5,192,000 USD
Multi-Family - FOR SALE
1/9
null | 3.67% Cap Rate

467 El Paso Blvd
Manitou Springs, CO 80829


HIGHLIGHTS

  • Serene creekside setting with a quiet, residential atmosphere & Low-density community with only 8 units
  • High-quality, luxury-style townhomes with superior design and finishes
  • Spacious townhome layouts with attached garages

OVERVIEW

Creekwalk Townhomes is a fully leased, 8-unit townhome investment opportunity located in the highly desirable Manitou Springs submarket. The property offers stable in-place income with significant upside through mark-to-market rent potential, along with opportunities to optimize operating expenses. Featuring high-quality construction and a unique creekside setting, the asset represents a superior offering at a competitive price point. Ideal for 1031 exchange investors seeking long-term growth and stability.

FOR SALE DETAILS

PRICE

$5,192,000 USD

PRICE/SF

$96 USD /SF

# OF UNITS

8

PRICE/UNIT

$649,000

CAP RATE

3.67%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Creekwalk Townhomes

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

PARKING SPACES

8

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

-

APN/PARCEL ID

74054-28-024

ASK ABOUT THIS PROPERTY

Svenja GriswoldThe Equity GroupMore Info
719-639-7000

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Svenja GriswoldThe Equity GroupMore Info
719-639-7000

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