135 University Dr
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135 University Dr
4 Unit Apartment Building $635,000 ($158,750/Unit) 4.94% Cap Rate Colorado Springs, CO 80910
Executive Summary
• Two 4 unit buildings sold together or individually
• All 2 bedroom 1 bathroom units
• Located 4 miles east of Downtown Colorado Springs
• Well maintained property
• Most units have been renovated
• Ability to increase rents to market and add RUBS
• Roof recently replaced
• All 2 bedroom 1 bathroom units
• Located 4 miles east of Downtown Colorado Springs
• Well maintained property
• Most units have been renovated
• Ability to increase rents to market and add RUBS
• Roof recently replaced
Property Facts
| Price | $635,000 | Apartment Style | Low Rise |
| Price Per Unit | $158,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 4.94% | Building Size | 3,381 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1969 |
| Property Subtype | Apartment | Parking Ratio | 1.18/1,000 SF |
| Price | $635,000 |
| Price Per Unit | $158,750 |
| Sale Type | Investment |
| Cap Rate | 4.94% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 3,381 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.18/1,000 SF |
Unit Amenities
- Tub/Shower
Site Amenities
- Laundry Facilities
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PROPERTY TAXES
| Parcel Number | 64154-01-021 | Improvements Assessment | $33,670 |
| Land Assessment | $4,770 | Total Assessment | $38,440 |
PROPERTY TAXES
Parcel Number
64154-01-021
Land Assessment
$4,770
Improvements Assessment
$33,670
Total Assessment
$38,440
zoning
| Zoning Code | R5 AO |
| R5 AO |
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135 University Dr
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