3547 E Uintah Street Unit 3607, Colorado Springs, CO 80909
Courtesy of RE/MAX Real Estate Group LLC. (719) 534-7900
- $4,750,000
- List Price
- $4,750,000
- Status
- Active
- MLS#
- 7714557
- Days on Market
- 302
- Property Type
- Apartments 6+Units
- Lot Size
- 43,113
- Acres
- 0.99
- County
- El Paso
- Neighborhood
- Village On Uintah
- Year Built
- 2021
Property Description
These are brand new. Certificate of occupancy will be given in the next 2 weeks. They will be rented out as soon as the certificate of occupancy is given. Rent is only going up in this market with a huge demand for rentals! This is a great investment that is only going to get more valuable. There are 6 duplexes each consisting of one unit with a single car garage and one unit with a 2 car garage. All units are 3 bed 2.5 bath each and ready for tenants with air conditioning, all stainless kitchen appliances, washing machine, dryer, and blinds. All units have commercial grade roofing and zero scaping in the back with small patches of grass in the front yard. All units are individually metered for utilities, the only utility that the landlord is responsible for is the water on the small patches of grass in the front. This property is being offered with a projected cap rate of 5.3% and is very close to opportunity zones where there is potential for future redevelopment. This property is centrally located minutes from Powers Blvd to the east and minutes from downtown to the west. These units are expected to lease out very quickly and the complex is a great low maintenance buy and hold.
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Additional Information
- School District
- Colorado Springs 11
- Construction Status
- New Construction
- Fireplaces
- None
- Tax Year
- 2022
- Existing Utilities
- Cable, Electricity, Natural Gas, Other
- Appliances
- Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
- Existing Water
- Municipal
- Structure
- Wood Frame
- Laundry Facilities
- None
- Basement Foundation
- Crawl Space
- Optional Notices
- See Show/Agent Remarks
- Fence
- See Remarks
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
- Earnest Money
- 500000
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