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.
34251657
34251696

5 Locations For Sale

LW
CO CO 100084704
Cushman & Wakefield - Denver, Colorado
BA
Colorado
Cushman & Wakefield - Denver, Colorado
JD
CO 100084990
Cushman & Wakefield - Denver, Colorado
PK
CO 100081304
Cushman & Wakefield - Denver, Colorado
Listed by Cushman & Wakefield - Denver, Colorado
$3,700,000
15 days on market
Updated 6 days ago
Opportunity zone

East Colorado Springs Portfolio

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 16,844
Units 20
Cap Rate 6.19%
NOI $228,926
Occupancy 100%
Tenancy Multi
Year Built 1983
Buildings 5
Acreage 1.410

Portfolio Opportunity: 5 Multifamily Investments in Colorado Springs

Marketing description

Cushman & Wakefield is pleased to present the East Colorado Springs Portfolio, a rare opportunity to acquire five multifamily assets totaling 20 units in one of Colorado Springs' most active and rapidly growing rental corridors. The portfolio consists of 915 Hathaway Drive (4 units), 925 Hathaway Drive (4 units), 1006 Western Drive (4 units), 1010 Western Drive (4 units), and 5540 Bonita Village Road (4 units), with a Total Unit Count of 20 Units.

Strategically located in East Colorado Springs near the Colorado Springs Airport and the highly desirable Powers Corridor, these properties benefit from strong rental demand driven by convenient access to major employment centers, military installations, retail amenities, dining, and transportation routes. The surrounding area continues to experience significant residential and commercial growth, making it one of the city's most attractive investment submarkets.

The portfolio offers investors the advantage of acquiring multiple assets within close proximity, creating operational efficiencies and streamlined management. Tenants enjoy easy access to Peterson Space Force Base, Schriever Space Force Base, major healthcare providers, and the extensive shopping and entertainment destinations located along Powers Boulevard.

With a diversified collection of 4-unit properties situated in established residential neighborhoods, the East Colorado Springs Portfolio presents an excellent opportunity for investors seeking stable cash flow, long-term appreciation potential, and a scalable multifamily investment in a high-demand Colorado Springs market. The combination of location, accessibility, and continued area growth positions this portfolio as a compelling acquisition opportunity for both local and out-of-state investors.

Investment highlights

  • 20-Unit Multifamily Portfolio – Five 4-unit properties offered as a single portfolio, providing scale and operational efficiencies.
  • Strategic East Colorado Springs Location – Positioned near the Colorado Springs Airport and Powers Corridor, one of the city's fastest-growing commercial and residential areas.
  • Strong Rental Demand Drivers – Convenient access to Peak Innovation Park, Amazon Distribution Center, Peterson AFB, Space Force, St. Francis Hospital, and countless retail destinations support long-term tenant demand.
  • Management Efficiency – Assets are located within close proximity to one another, allowing for streamlined operations and reduced management costs.
  • Long-Term Growth Potential – Located in a high-growth submarket benefiting from continued population growth, infrastructure investment, and economic expansion.

Listing Contacts

LW
CO CO 100084704
Cushman & Wakefield - Denver, Colorado
BA
Colorado
Cushman & Wakefield - Denver, Colorado
JD
CO 100084990
Cushman & Wakefield - Denver, Colorado
PK
CO 100081304
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
$228,926.00
$19,077.17/mo

Valuation Metrics

0
DSCR
6.19%
Cap Rate
6.19%
ROI

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
*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