2631 W Pikes Peak Ave, Colorado Springs, CO 80904

2631 W Pikes Peak Avenue presents a rare opportunity to acquire a 23-unit apartment building in the heart of Old Colorado City, one of the most vibrant and historic neighborhoods in Colorado Springs. The property offers an investor a prime location paired with a compelling value proposition.

Recent extensive capital improvements have significantly enhanced both the structural integrity and overall appeal of the asset. Ownership has completed major structural repairs, providing a strong foundation for long-term durability and reduced deferred maintenance. In addition, numerous in-unit renovations have been implemented, including the addition of washer and dryer appliances, modernized interiors, and upgraded finishes that position the property to command premium rents within the submarket.

With a substantial portion of the renovation already completed, investors are presented with a unique opportunity to capitalize immediately on a stabilizing asset in a highly desirable location. The combination of thoughtful renovations, improved infrastructure, and proximity to the retail, dining, and cultural amenities of Old Colorado City makes 2631 W Pikes Peak Avenue an attractive investment poised for continued income growth and appreciation.