Colorado Springs, CO 80903,10-16 Fountain
Colorado Springs, CO 80903,10-16 Fountain
Colorado Springs, CO 80903,10-16 Fountain
Colorado Springs, CO 80903,10-16 Fountain
Colorado Springs, CO 80903,10-16 Fountain
Colorado Springs, CO 80903,10-16 Fountain
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$ 805,000
Est. payment | /mo

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$ 805,000
Est. payment | /mo
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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.

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

REColorado (REColorado MLS)
Listed by Cushman & Wakefield • Nic.Polaski@cushwake.com,719-238-9074
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10-16 Fountain