$ 805,000
10-16 Fountain Colorado Springs, CO 80903
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 805,000
Est. payment /mo
Active
10-16 Fountain Colorado Springs, CO 80903
UPDATED:
10/25/2024 05:07 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 9719174
HOA Y/N No
Originating Board recolorado
Year Built 1900
Annual Tax Amount $3,157
Tax Year 2023
Property Description
Cushman & Wakefield is pleased to present 10-16 E FOUNTAIN BLVD, an exciting opportunity comprised of (5) units in downtown Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from predictable in-place returns as well as reap the reward of continuing to increase rents to market level. The property offers (4) one bed/one bath units and (1) 2 bed/one bath unit. The property benefits from its location on the south side of Downtown Colorado Springs, which is a highly sought-after submarket in Colorado Springs for owners and renters alike with massive developments currently underway and more to come.
The property’s location affords tenants quick access to major employers, roadways, and local transit with easy accessibility to Weidner Field, Ed Robson Arena, Olympic & Paralympic Museum and Trolly Block dining corridor. This property is perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. Investors will enjoy the advantage of minimal maintenance required from this renovated apartment. 10-16 E FOUNTAIN BLVD offers investors the opportunity to own an asset in one of the most sought after and newly developed areas in Downtown Colorado Springs.
The property’s location affords tenants quick access to major employers, roadways, and local transit with easy accessibility to Weidner Field, Ed Robson Arena, Olympic & Paralympic Museum and Trolly Block dining corridor. This property is perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. Investors will enjoy the advantage of minimal maintenance required from this renovated apartment. 10-16 E FOUNTAIN BLVD offers investors the opportunity to own an asset in one of the most sought after and newly developed areas in Downtown Colorado Springs.
Location
State CO
County El Paso
Zoning R2
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Community Sewer
Others
Acceptable Financing Conventional
Listing Terms Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Cushman & Wakefield • Nic.Polaski@cushwake.com,719-238-9074