2123 Preuss Rd
4 Unit Apartment Building | $760,000 ($190,000/Unit) | 8.07% Cap Rate | Colorado Springs, CO 80910
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $760,000
- Property Type
-
Multifamily
- Square Feet
- 3,573 SF
Listing Contacts
William McCauley
Verified Profile
Elliott Polanchyck
Verified Profile
- Property Info
Property Overview
2123 Preuss Rd, Colorado Springs is a 4-unit apartment building, including two large two-bedroom, one-bathroom and two large three-bedroom, one-bathroom residences. Built in 1969 with classic wood frame construction and a composition shingle pitched roof, this property has undergone a complete renovation in 2024, featuring new flooring, white shaker cabinets, stainless steel appliances, countertops, and new tile bathrooms and vanities. No expense was spared in the tasteful improvements. The property was improved with several capital expenditure upgrades over the last 6 months with new windows, a refreshed painted exterior, four new force air furnaces and a perimeter fence. This property also come equipped with a wireless security camera system. Each unit offer additional storage units for personalized comfort. With its prime location 2123 Preuss Rd presents a turnkey investment opportunity with immediate cashflow.
For investors looking for more scale this ownership group is also offering 903 Boggs Pl, 2115 Preuss Rd, 2135 Preuss Rd, 3445 Cochran Dr and 1518 & 1512 S Corona Ave, Colorado Springs.
For investors looking for more scale this ownership group is also offering 903 Boggs Pl, 2115 Preuss Rd, 2135 Preuss Rd, 3445 Cochran Dr and 1518 & 1512 S Corona Ave, Colorado Springs.
Property Details
- Class
- C
- Year Built/Renovated
- 1969/2024
- Stories
- 2
- Lot Size (sq. ft)
- 9,148 SF
- Units
- 4
Nearby Properties
Similar Properties
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