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Under Contract58 Days
$1,070,000

803 Yuma Street
Colorado Springs, CO 80909

Commercial For Sale
5,018 Sq. Ft.
0.25 Acre Lot
Cushman & Wakefield

Description for 803 Yuma Street, Colorado Springs, CO 80909

Cushman & Wakefield is pleased to present 803 Yuma St, a well maintained 8-unit apartment building located in the heart of Colorado Springs. The property consists of all 1-bedroom and 1-bathroom units. The current ownership has renovated all units to include new paint, LVP flooring, upgraded all the electrical wiring/panels and installed a new water heater. Tenants are provided with onsite laundry, private back yard with community garden box and is completely fenced in for pets.rnrnInvestors have the ability to continue the renovation plan, as well as recapture loss to lease and increase rents to market rate as leases roll over. This multifamily asset is ideally situated in central Colorado Springs within proximity to Downtown Colorado Springs, outdoor recreation and dining/ retail centers. The location provides a strong foundation for attracting and retaining quality long-term tenants. The allure of this asset is magnified by the solid in place returns and recent capital improvements, making 803 Yuma an opportunity for investors to capitalize on predictable pro-forma returns in the thriving real estate market of Colorado Springs.

Property Details

Listing Details
Under Contract
Commercial
Multi-Family
For Sale
REC3351224
$1,070,000
10/18/2024
5,018 Sqft
1966
$1,070,000
$1,070,000
REC155063371
Single Family
9
Location Information
US
CO
El Paso
Colorado Springs
80909
Yuma
803
Street
W105° 13' 19.2''
N38° 50' 36.9''
Exterior Features
No
No
Land Info
0.25 Acre
Corner Lot
Nw
R5
64094-01-042
Monthly
Multi-family
Utilities
Public Sewer
HOA Info
2
Monthly
8
No
Rental Info
Monthly
Tax Info
LOT 4 EX S 5 FT BURRELLS SUB
$3,943
2023
Listing Information
Cushman & Wakefield
Nic Polaski
REC00537
Recolorado
$1,070,000
12/02/2024 18:32:17

Price History

Source: MLS
DateEventPriceSource
2024-10-18 16:57:35Under Contract$1,070,000MLS
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