www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32050097
32050098

2305 Split Rock Dr, Colorado Springs, CO 80919

LW
CO CO 100084704
Cushman & Wakefield - Denver, Colorado
NP
CO FA. 100099164, CO FA.100099164
Cushman & Wakefield - Denver, Colorado
JD
CO 100084990
Cushman & Wakefield - Denver, Colorado
Listed by Cushman & Wakefield - Denver, Colorado
$840,000
102 days on market
Updated 52 days ago

2305 Split Rock Dr

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,772
Units 4
Occupancy 100%
Price per SqFt $176
Class C
Year Built 1984
Zoning R5/CR HS

Operational Value-Add Potential - Desirable Westside location

Marketing description

2305 Split Rock Drive presents an attractive opportunity to acquire a four-unit multifamily property in Colorado Springs, Colorado, one of the fastest-growing cities in the Front Range. Built in 1984 and totaling approximately 4,772 square feet, the property offers investors a stable, small-scale residential asset with manageable operations and consistent rental demand.

The property is located within a quiet residential neighborhood in the southeastern Colorado Springs submarket, providing residents with convenient access to major commuter routes, neighborhood retail centers, grocery stores, and everyday services. Nearby parks, schools, and community amenities contribute to a comfortable living environment that appeals to workforce renters and long-term residents.

Colorado Springs continues to experience strong economic and population growth driven by its diverse employment base including defense, aerospace, healthcare, technology, and education sectors. Major nearby employers such as Fort Carson, Peterson Space Force Base, and several national defense contractors support steady housing demand throughout the region. With its desirable location, practical unit layouts, and proximity to major employment centers, 2305 Split Rock Drive provides investors with a stable multifamily investment positioned to benefit from Colorado Springs’ long-term economic growth.

Investment highlights

  • Four-unit apartment building totaling approximately 4,772 square feet, offering efficient management and stable rental income in a growing rental market.

  • Built in 1984, the property offers durable construction and potential for modest upgrades to enhance rental income and long-term asset value.

  • Colorado Springs continues to experience population expansion, job growth, and increasing housing demand, supporting long-term multifamily investment fundamentals.

Listing Contacts

LW
CO CO 100084704
Cushman & Wakefield - Denver, Colorado
NP
CO FA. 100099164, CO FA.100099164
Cushman & Wakefield - Denver, Colorado
JD
CO 100084990
Cushman & Wakefield - Denver, Colorado
Listed by Cushman & Wakefield - Denver, Colorado

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
R-5 ResidentialMulti FamilyMultifamily High
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 157 uses
View all 157 uses
Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

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.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591