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Listed by Walter Harder Harder Real Estate and Development, LLC
$ 1,051,200
Est. payment /mo
New
1234 Rockwood Avenue Colorado Springs, CO 80905
0.66 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 9836825
Construction Status Existing
Lot Size 0.660 Acres
Acres 0.66
Property Sub-Type Other
Source Pikes Peak REALTOR® Services
Property Description
Rental opportunity in Stratton Meadows! Build your portfolio with four recently updated, nicely maintained homes, all rented to long term tenants and professionally managed. Current rents total $6,570 monthly and $78,840 annually, offering a 7.5% gross rental yield at the $1,051,200 package price before operating expenses.
1311 Rockwood Ave offers 796 square feet and a detached two car garage. 1312 Harrison Rd features 894 square feet and a detached two car garage. Both 1214 Harrison Rd and 1223 Rockwood Ave offer 796 square feet each. Four separate homes provide multiple rental income streams, and their close proximity makes management convenient. The garages add valuable parking and storage space.
Convenient access to I25, downtown Colorado Springs, and nearby Creekwalk shopping, dining, and creekside paths adds to the appeal. Continued redevelopment along the nearby South Nevada corridor brings fresh energy and investment to the area. With established tenants, professional management, and approximately 0.66 acres combined, this is your opportunity to acquire a maintained rental portfolio with income from day one in an up and coming Colorado Springs neighborhood!
1311 Rockwood Ave offers 796 square feet and a detached two car garage. 1312 Harrison Rd features 894 square feet and a detached two car garage. Both 1214 Harrison Rd and 1223 Rockwood Ave offer 796 square feet each. Four separate homes provide multiple rental income streams, and their close proximity makes management convenient. The garages add valuable parking and storage space.
Convenient access to I25, downtown Colorado Springs, and nearby Creekwalk shopping, dining, and creekside paths adds to the appeal. Continued redevelopment along the nearby South Nevada corridor brings fresh energy and investment to the area. With established tenants, professional management, and approximately 0.66 acres combined, this is your opportunity to acquire a maintained rental portfolio with income from day one in an up and coming Colorado Springs neighborhood!
Location
State CO
County El Paso
Interior
Furnishings Existing
Exterior
Road Frontage City/Town Road
Building
Construction Status Existing
Others
Tax ID 6429407003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
