Cushman & Wakefield is pleased to present 6970 Peyote Way, a 4-unit multifamily property
in one of the best areas of town, Northwest Colorado Springs. The property features 1,000
sqft two-story townhome style units with two bedrooms and one and a half bathrooms. Each unit has washer/dryer hookups, individually metered gas/electric and front/rear entrances. The property has off-street parking, updated windows, a new roof in 2021 and has seen all four water heaters replaced from 2019-2023.
This West side location provides residents access to major tech employers along west Garden of the Gods Road, as well short drives to Garden of the Gods and downtown Colorado Springs. The Wilson Ranch Community Park. with an outdoor swimming pool/slide, playground, tennis courts, basketball court, pavilion and open grass fields, sits just across the street. Ute Valley park is another nearby resident attraction that is known for hiking, mountain biking, dog walking, and running. The park offers vistas, geological features and destination-level trails, all readily accessible to outdoor enthusiasts in surrounding neighborhoods and the city.
Investment Highlights
- Townhome style units approximately 1,000 SF with 2 beds, 1.5 baths and in-unit washer/dryers
- Supply constrained area on the northwest side of Colorado Springs adjacent to Wilson Ranch Community
- Well maintained building with large capital expenditures including new roof in 2021 and 4 new water heaters