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24424856
24424857

2625 E Uintah St, Colorado Springs, CO 80909

LW
CO CO 100084704
Cushman & Wakefield - Denver, Colorado
NP
CO FA. 100099164, CO FA.100099164
Cushman & Wakefield - Denver, Colorado
BA
Colorado
MMG
Listed by Cushman & Wakefield - Denver, Colorado, MMG
$1,238,000
340 days on market
Updated 27 days ago

2625 & 2627 East Uintah Street

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,940
Units 8
Cap Rate 6.29%
Class B
Year Built 1985
Acreage 0.040
Zoning R5

Opportunity to buy two quadruplexes side by side- Residential Financing Available-

Marketing description

Cushman & Wakefield is excited to present an exceptional investment opportunity at 2625–2627 East Uintah, strategically located in the heart of Colorado Springs. This property features two well-maintained 4-plex buildings, offering a total of 8 spacious units, each with an average size of 850 square feet. With its prime location and unique condo-style layout, this property provides not only a steady cash flow but also future potential for significant returns.

Each of the large 2-bedroom units are thoughtfully designed with modern amenities, including in-unit washers and dryers. This adds both convenience and value, enhancing tenant satisfaction and retention. The property has been meticulously cared for, with clean, well-kept common areas and a professionally managed HOA that ensures long-term quality. Recent capital improvements, such as the installation of PEX water lines, further enhance the property’s durability, minimizing future maintenance costs and securing its long-term value.

Situated in a highly desirable area of Central Colorado Springs, this property is surrounded by a wide array of retail stores, restaurants, and essential services, making it an attractive location for tenants. Its central location provides easy access to key transportation routes, making it ideal for residents who seek convenience, while also enhancing the potential for consistent rental demand.

What truly sets this investment apart is its future potential for condo conversion. The condo-style design of the units positions the property for the possibility of selling individual units, a strategy that could significantly maximize future returns. With Colorado Springs’ growing popularity and demand for both rental units and condos, this opportunity offers substantial upside potential. This property is a unique opportunity for investors looking to secure immediate rental income while positioning themselves for long-term appreciation through potential condo sales. Its combination of high-quality construction, prime location, and significant future upside makes this a must-see for investors seeking strong returns in the vibrant Colorado Springs market

Investment highlights

  • Located nearby retail, grocery, and within 10 minutes of downtown and 5 minutes from Academy Blvd.

  • Large 2-bedroom units (850 sq. ft.) featuring in-unit washer & dryers for tenant convenience

  • Condo-style units with future potential to sell off individual units as condos

  • Well-maintained common areas and professional HOA management.

  • Recent capital improvements, including the installation of PEX water lines

Listing Contacts

LW
CO CO 100084704
Cushman & Wakefield - Denver, Colorado
NP
CO FA. 100099164, CO FA.100099164
Cushman & Wakefield - Denver, Colorado
BA
Colorado
MMG
Listed by Cushman & Wakefield - Denver, Colorado, MMG

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Additional Information

Name
Lee Wagner
License
CO 100084704
Brokerage
Cushman & Wakefield
Brokerage Phone
4174592155
Title
Director
Name
Nic Polaski
License
FA. 100099164
Brokerage
Cushman & Wakefield
Title
Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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