***Quadplex in Highly Desirable Pleasant Valley Neighborhood*** Cushman & Wakefield is pleased to present an exceptional opportunity to acquire 504-516 Winnie Way, a well-maintained, four-unit multifamily asset located in the highly desirable Pleasant Valley neighborhood on the west side of Colorado Springs, CO. This property benefits from a prime infill… Read More location just minutes from some of the city's most iconic destinations, including Garden of the Gods, Old Colorado City, and Downtown Colorado Springs, offering residents unparalleled access to outdoor recreation, local dining, retail, and major employment hubs. Built in 1984, the property comprises four spacious 2-bedroom/1.5-bath units, each thoughtfully designed for functional living. With a total building area of 3,456 square feet and an average unit size of approximately 864 square feet, the asset presents a balanced combination of scale, livability, and ease of management. Located in El Paso County, Colorado Springs continues to rank as one of the fastest-growing cities in the country, supported by a diversified economy with major employment drivers in the defense, aerospace, technology, and healthcare sectors. 504-516 Winnie Way offers investors stable in-place income with significant upside through rent increases and light interior upgrades as leases turn. With below-market rents and strong rental demand, the asset is well-positioned for value creation in a supply-constrained submarket. This offering represents an ideal opportunity for investors seeking a stabilized, low-maintenance multifamily asset with long-term growth potential in one of Colorado's most dynamic and resilient markets. Read Less
Courtesy of Nic Polaski, Cushman & Wakefield, [email protected],719-238-9074.
Listing Snapshot
Days Online
23
Last Updated
Property Type
Income Property
Square Ft.
3,456
Year Built
1984
MLS Number
2011515
30 Days Snapshot Of 80904
$561k
-1%
(avg) sold price
3
-78%
homes sold
61
+17%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
3456 total sqft, Living Area: 3456, Above Grade Finished Area: 3456, Building Area Total: 3456, Construction Materials: "Vinyl Siding", Levels: "Two", Stories: 2, Year Built: 1984
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