Property Description

Four Updated Units ??? 6% Cap Rate ??? Fourplex Investment ??? Spacious 2 Bed/1 Bath Units ??? Private Exterior Entrances ??? Near Garden of the Gods ??? Near Old Colorado CityTurnkey four plex investment opportunity in the desirable west side Colorado Springs market. Fully occupied, this stabilized asset offers immediate cash flow with a reported 6% cap rate. Each of the four spacious homes feature 2 bedrooms and 1 full bath, private exterior entrances, and private patio space. Updated interiors include remodeled kitchens, updated flooring, fresh paint, and modern finishes, creating strong resident appeal. The property offers approximately 2,912 square feet and benefits from consistent rental demand driven by its proximity to Garden of the Gods, Old Colorado City, Manitou Springs, Red Rock Canyon Open Space, shopping, dining, and major commuter routes. Opportunity to acquire a well-maintained, income-producing multifamily property with updated units, private entrances, and proven occupancy in a high-demand rental corridor. Live in one unit and rent out the others, or buy as a turnkey investment. Rare opportunity. Nearby AmenitiesGarden of the GodsOld Colorado City Historic DistrictManitou SpringsRed Rock Canyon Open SpaceUS-24 and I-25 accessShopping, dining, breweries, and services along West Colorado Avenue

Property Features