DISTINCTIVE MULTI-RESIDENCE CONFIGURATION

A varied unit mix of a main house, basement apartment, detached cottage, and two duplex units provides five distinct income streams. The configuration is rare in the submarket, broadens the tenant base, and diversifies vacancy risk.

PRIME MEMORIAL PARK LOCATION

Located in an established, infill east-central submarket adjoining Memorial Park and minutes from downtown Colorado Springs. The area carries deep, durable renter demand backed by the region’s large military employment base.

OPERATIONAL UPSIDE

In-place rents sit below market. As leases roll, an owner can mark rents to market and expand NOI without altering operations.

SIGNIFICANT RECENT CAPITAL IMPROVEMENTS

Ownership has funded major capital expenditures across the roof, gutters, chimney, furnace, flooring, windows, and garage door. With these systems addressed, a new owner inherits minimal deferred maintenance and reduced near-term capex exposure.

LOW-MAINTENANCE INVESTMENT OPPORTUNITY

With major building systems recently updated, the asset offers a well-maintained physical plant and reduced near-term capital exposure on its core systems. It supports a lower-touch hold with limited ongoing reinvestment.

STABLE IN-PLACE CASH FLOW

An income-producing asset with year-over-year NOI growth. Buyers acquire proven, in-place cash flow rather than pro forma projections.