823 E Cucharras St - Apartments FOR SALE


Colorado Springs, CO 80903- Downtown Colorado Springs
$1,600,000 USD
719-244-4756
823 E Cucharras St, Colorado Springs, CO for Sale
$1,600,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

823 E Cucharras St
Colorado Springs, CO 80903
Downtown Colorado Springs


HIGHLIGHTS

  • Great Rental History
  • Industrial aesthetic
  • New AC in 3 units!

OVERVIEW

A truly distinctive opportunity near Downtown, this contemporary fourplex pairs an unexpected industrial aesthetic with a thoughtfully designed mix of living spaces. Almost hidden from the street, the unique property offers two spacious four-bedroom, three-bath residences, each with a two-car garage, along with two two-bedroom, one-bath units, each featuring a one-car garage. Modern finishes, clean architectural lines, and an unmistakably cool industrial character set these residences apart from the conventional. Air conditioning has recently been added to three of the four units, further enhancing their appeal and comfort. With its versatile unit mix, generous garage capacity, and highly individual design, this is an uncommon multifamily offering with both investment appeal and a distinctive sense of place.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$353 USD /SF

# OF UNITS

4

PRICE/UNIT

$400,000

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

823 E Cucharras – Modern Downtown Fourplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2009

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R-4

APN/PARCEL ID

64173-05-007

ASK ABOUT THIS PROPERTY

Beth HerreraLiv Sotheby's International RealtyMore Info
719-244-4756

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Beth HerreraLiv Sotheby's International RealtyMore Info
719-244-4756

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