Cushman & Wakefield is excited to present the opportunity to acquire a well-positioned 5-unit multifamily property located at 750 East Kiowa Street in the highly desirable area of Colorado Springs. Featuring a balanced unit mix with one, two, and three bedroom units, this property offers a unique blend of location,… Read More tenant demand, and significant potential for value creation, making it an exceptional addition to any investment portfolio. 750 East Kiowa Street benefits from a premier location in one of the most sought-after neighborhoods in Colorado Springs. Located just outside of Downtown, tenants have easy access to the area's best amenities, including a wide range of dining, retail, and entertainment options, offering the best of both worlds: proximity to the vibrant city center and the tranquility of a more residential setting. The property also offers substantial upside potential with under-market rents, providing an opportunity for the new owner to realize a strong return on investment by aligning rents with current market rates. This potential for rent increases enhances the overall appeal of the property and positions it well for long-term financial growth. This property is strategically located in a rapidly growing market, offering a stable income stream with substantial upside potential. The combination of a strong location near Downtown and Colorado College, an attractive unit mix, and the opportunity to adjust rents to market rates makes 750 East Kiowa Street a rare and valuable investment opportunity. Read Less
Courtesy of Nic Polaski, Cushman & Wakefield, [email protected],719-238-9074.
Listing Snapshot
Days Online
6
Last Updated
Property Type
Income Property
Square Ft.
4,364
Year Built
1893
MLS Number
7323386
30 Days Snapshot Of 80903
$400k
-10%
(avg) sold price
3
+200%
homes sold
83
+27%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
4364 total sqft, Living Area: 4364, Above Grade Finished Area: 4364, Building Area Total: 4364, Construction Materials: "Other", Levels: "Two", Stories: 2, Year Built: 1893
Garage
Type: Off Street, Covered Spaces: 6, Garage Spaces: 6
Water Features
Has Water Rights: No, Water Source: "Other Water/Sewer"
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