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32684001
32684002

135 Terrace Drive, Colorado Springs, CO 80906

LC
CO 100035892
Live Dream Colorado LLC
Listed by Live Dream Colorado LLC
$1,399,900
6 days on market
Updated 6 days ago

135 Terrace Drive Duplex

Details
APN 6430220031
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 5,188
Units 2
Cap Rate 4.8%
NOI $67,200
Tenancy Vacant
Pro-Forma Cap Rate 4.64%
Pro-Forma NOI $65,010
Price per SqFt $270
Broker Co-Op True
Class A
Year Built 2024
Buildings 1
Stories 2
Lot Size (SqFt) 7,470
Zoning R2
Parking Spaces 4 per unit
Ownership Builder

New construction duplex in Southwest Colorado Springs' new Creekwalk neighborhood.

Marketing description

Welcome to this stunning newly built duplex offering modern design, thoughtful layouts, 9 ft ceilings on the main and upper levels, and investment potential. Each spacious unit boasts 2,594 square feet of finished living space, including a fully finished basement, providing ample room for comfortable living. Unit 135 features double primary suites, basement bedroom, and 4 bathrooms. Unit 125 offers 4 bedrooms, 4 bathrooms, and a convenient main-level office—ideal for remote work or flexible living needs. Both units include fully finished and insulated two-car garages, ensuring year-round comfort and functionality. You’ll find bright, open-concept great rooms highlighted by 9-foot ceilings. The stylish kitchens are anchored by large islands, perfect for entertaining, and flow seamlessly into living areas complete with luxury vinyl flooring and cozy gas fireplaces. The dining rooms walk-out to private back yards. Each primary suite is designed as a private retreat, featuring a spacious walk-in closet and attached bathroom with double vanity. Basements are pre-plumbed for a wet bar and offer a bedroom, full bathroom, and rec room. Enjoy beautiful mountain and city views from the primary bedrooms and a sleek contemporary exterior that enhances curb appeal. With no HOA, owners and investors alike will appreciate the added flexibility. Located in the desirable Creekwalk neighborhood, this property is within easy walking distance to some of the area’s newest restaurants and shopping destinations. Its prime location also offers quick access to I-25, Fort Carson, and downtown Colorado Springs.

Investment highlights

New construction located in Southwest Colorado Springs’ new Creekwalk neighborhood. Near internationally acclaimed destination The Broadmoor, Today’s Terrace at Creekwalk offers a contemporary home design in a coveted location. No HOA!

Listing Contacts

LC
CO 100035892
Live Dream Colorado LLC
Listed by Live Dream Colorado LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$67,200.00
$5,600.00/mo

Valuation Metrics

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DSCR
4.8%
Cap Rate
4.8%
ROI

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