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31435834
31435836

3615-3618 E Uintah St, Colorado Springs, CO 80909

DM
CO FA100109778
Kaufman Hagan Commercial Real Estate
RF
CO FA.040032666, FA 040032666
Kaufman Hagan Commercial Real Estate
Listed by Kaufman Hagan Commercial Real Estate
$7,000,000
67 days on market
Updated 48 days ago
Opportunity zone

Birchwood Village Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 33,364
Units 60
Cap Rate 6.44%
NOI $450,470
Pro-Forma Cap Rate 7.41%
Pro-Forma NOI $518,476
Price per SqFt $210
Year Built 1968
Buildings 2
Stories 1
Lot Size (SqFt) 108,900
Zoning R-5/CR

60-Unit Apartments | Seller Financing Options

Marketing description

Birchwood Village Apartments presents a compelling multifamily investment opportunity in central Colorado Springs, offering a stabilized 60-unit single-story community with proven operational performance and meaningful value-add potential. This rare offering combines attractive seller-financing options, strategic location, and a flexible acquisition structure to fit all investment needs.

Positioned in between Downtown CO Springs and COS Airport in the highly walkable Knob Hill neighborhood, Birchwood village benefits from strong tenant demand, proximity to key employment centers, ample recreation options, shopping and dining corridors, and established community character. With easy access to major thoroughfares, golf courses, and the Citadel Mall, the property attracts a diverse and stable tenant base.

This property’s ranch-style units and proven self-managed ownership history demonstrate operational stability and expense control. Approximately 75% of units have been renovated with updated kitchens, bathrooms, appliances, and flooring; the remaining 25% presents clear runway for rental upside through targeted cosmetic improvements. Community amenities include a swimming pool, on-site laundry facilities, 24/7 security monitoring, spacious courtyards, ample parking, and high-speed internet-ready units. This property accepts housing authority vouchers, broadening the eligible tenant pool and supporting occupancy stability.

The Birchwood Village offering allows for a seller-financing option with attractive terms (5% Interest-Only, 5 years, 35% Down). Investors have the option to acquire the (1) full package of apartments and adjacent land parcel, (2) apartments separately, (3) two 30-unit buildings separately, or (4) 1/2 acre land parcel.

Investment highlights

HIGHLIGHTS

• Seller-Financing option (Terms = 5% Interest-Only, 5 years, 35% Down)

• 1-story ranch-style apartments offer easy accessibility, unique character, and additional privacy

• ~75% of units renovated w/ clear upside potential in remaining ~25%

• New boiler, recent re-roof, new gas water heater

• Top-of-market rents for 360 SF 1-bed, 1-bath apartments

• Long-time, proven operating history with quiet, loyal tenant base

UNIT AMENITIES

• Functional, cozy unit layouts

• Updated appliances (overhead microwaves)

• Wood vinyl planking

• Installed ceiling fans

• Updated kitchens (countertops, backsplash, tiling)

• Updated bathrooms (vanity, modern tile finish)

COMMUNITY AMENITIES

• Swimming pool

• On-site laundry facilities

• 24/7 security monitoring

• Pet-play area

• Spacious courtyards with outdoor grills, gazebos, and mountain views

• Cable/high-speed internet ready

UNIT AMENITIES

• Functional, cozy unit layouts

• Updated appliances (overhead microwaves)

• Wood vinyl planking

• Installed ceiling fans

• Updated kitchens (countertops, backsplash, tiling)

• Updated bathrooms (vanity, modern tile finish)

COMMUNITY AMENITIES

• Swimming pool

• On-site laundry facilities

• 24/7 security monitoring

• Pet-play area

• Spacious courtyards with outdoor grills, gazebos, and mountain views

• Cable/high-speed internet ready

Listing Contacts

DM
CO FA100109778
Kaufman Hagan Commercial Real Estate
RF
CO FA.040032666, FA 040032666
Kaufman Hagan Commercial Real Estate
Listed by Kaufman Hagan Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$450,470.00
$37,539.17/mo

Valuation Metrics

0
DSCR
6.44%
Cap Rate
6.44%
ROI

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Additional Information

Name
Drew Madayag
License
FA100109778
Brokerage
Kaufman Hagan
Brokerage Phone
(303) 859-0682
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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