1415 S Corona AVE, Colorado Springs, CO 80905
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1415 S Corona AVE, Colorado Springs, CO 80905
1415 S Corona AVE, Colorado Springs, CO 80905
1415 S Corona AVE, Colorado Springs, CO 80905
1415 S Corona AVE, Colorado Springs, CO 80905
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1415 S Corona AVE Colorado Springs, CO 80905

0.44 Acres Lot


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Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4186335

HOA Y/N No

Year Built 1962

Lot Size 0.436 Acres

Acres 0.44

Property Sub-Type Multi Family

Property Description

Cushman & Wakefield is pleased to present 1415 S Corona Avenue, a 10-unit investment property located in the heart of Colorado Springs. 1415 S Corona Ave is a well-maintained, fully renovated multifamily property consisting of 10 units. Recent upgrades throughout the property ensure a modern, low-maintenance environment for residents, and provide strong potential for future rent increases and long-term appreciation. This property is a prime example of a thoughtfully updated residential asset with modern amenities and high tenant satisfaction.

The property's proximity near Hwy 25 & Downtown Colorado Springs provides easy access to major transportation and nearby amenities, including upscale dining such as Prime 25, retail shops like Lululemon, Verda Spa, and two major grocery stores including the newly constructed Sprouts Farmers Market. Providing convenient access to local amenities, schools, and transportation routes. This location is highly attractive to both tenants and investors. Additionally, with nine of the ten units currently leased, the property demonstrates strong demand and high tenant retention. The property's low vacancy rate and recent improvements make it a stable, income-producing asset with opportunities for future value-add enhancements, including increasing rents in line with the market.

Please call 417-459-2155 to coordinate showing request.

Location

State CO

County El Paso

Zoning MX-M

Exterior

Waterfront Description Public

Private Pool No

Building

Sewer Community

Water Public

Others

Tax ID 64194-10-002


REColorado MLS
Listed byCushman & Wakefield
Reatha Butler
Reatha Butler

Broker License ID: 100019486

+1(719) 200-6940 | reatha@reathabutler.com

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1415 S Corona AVE

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