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29788042
29788043

366 Greensboro S, Colorado Springs, CO 80906

LW
CO CO 100084704
Cushman & Wakefield - Denver, Colorado
Listed by Cushman & Wakefield - Denver, Colorado
$325,000
106 days on market
Updated 62 days ago

364 Greensboro S

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,536
Net Rentable (SqFt) 1,536
Units 2
Occupancy 50%
Price per SqFt $212
Class C
Year Built 1963
Buildings 1
Stories 1
Lot Size (SqFt) 4,598
Investment Type Value Add

Value-Add Potential through interior renovations and rental-rate increases

Marketing description

This duplex presents a rare opportunity to invest just minutes from Fort Carson, one of Colorado Springs’ most sought-after

employment hubs, ensuring steady rental demand from military personnel and related workforce. Thoughtfully designed

as single-story units, the property offers a comfortable, accessible layout that appeals to a wide range of tenants while

minimizing long-term maintenance challenges. Each unit features individually metered gas and electric along with separate

mechanical systems, providing operational efficiency, cost control, and reduced capital exposure for the owner.

With below-market in-place rents, the property offers an immediate value-add opportunity through strategic renovations

and lease repositioning, allowing investors to unlock substantial upside while benefiting from stable occupancy. This asset

combines location, functionality, and growth potential, making it a compelling addition to any multifamily portfolio.

Investment highlights

Proximity to Fort Carson - Located minutes from Fort Carson, the property benefits from consistent rental demand driven

by military personnel and related employment.

Single-Story Unit Design- Single-level living appeals to a broad tenant base and minimizes maintenance concerns associated with multi-story construction.

Individually Metered Gas & Electric - Separately metered utilities reduce owner expenses and allow for efficient cost pass-through to tenants.

Listing Contacts

LW
CO CO 100084704
Cushman & Wakefield - Denver, Colorado
Listed by Cushman & Wakefield - Denver, Colorado

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Additional Information

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