$653,000

21 University Drive is a $653,000, 3,111 square foot home located in Colorado Springs, CO.
Cushman & Wakefield is pleased to present University Drive Apartments. This opportunity consists of a well-constructed quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. University Drive Apartments are an exciting opportunity comprised of 4 units located in the Southeast submarket of Colorado Springs, CO. The property offers four spacious units, each with 2 bedrooms & 1 bathroom. Property is available for sale individually or as a a portfolio sale (21, 25 & 33 University Drive). The property benefits from its close-proximity to several employers including Amazon, Wal-Mart, Starbucks, Lowes, big-box retailers and various Dining Facilities. Additionally, the property’s adjacency to nearby parks and suburban neighborhoods such as Valley Hi Golf Course, Wagner Park and Leon Young Sports Complex allow new coming residents to feel right at home. University Drive Apartments are perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. University Drive Apartments stands as an enticing opportunity to join the growing real estate market in Colorado Springs, CO.
Above Grade Sqft | 3,111 |
Cooling Types | Other |
Heating Types | Forced Air |
# Parking Spaces | 8 |
Exterior Features | Tenant None Electricity Gas Trash Collection Water |
Construction Types | Brick Concrete |
Sewer | Public Sewer |
Property Type | Residential Income |
Property Sub Type | Quadplex |
Style | One Quadruplex |
Year Built | 1969 |
HOA Fee | $0.00 |
Taxes | $1,431.00 |
County | el paso |
School District | colorado springs 11 |
Elementary School | monroe |
Middle School | holmes |
High School | doherty |
Neighborhood | Colorado Springs |
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