532 W Colorado Ave
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532 W Colorado Ave
50 Unit Apartment Building For Sale Colorado Springs, CO 80905
Executive Summary
532CO is an exceptional Class A new construction multifamily property that epitomizes Downtown Living. Nestled in the heart of Colorado Springs 532CO features (50) units with a variety of studio and one-bedroom options. Each apartment features 10-foot ceilings, hardwood floors, central air, full sized washer and dryers, granite countertops, balconies or patios, and world class views of Downtown Colorado Springs to the East and Pikes Peak and Cheyenne Mountain to the West. 532CO is strategically located in West Downtown, providing quick access to I-25 and US-24, unparalleled walkability to a diverse array of dining and entertainment options, along with easy access to bike routes
throughout Colorado Springs.
throughout Colorado Springs.
Property Facts
| Sale Type | Investment | Lot Size | 0.43 AC |
| No. Units | 50 | Building Size | 40,000 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid Rise | Year Built | 2023 |
| Building Class | B |
| Sale Type | Investment |
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.43 AC |
| Building Size | 40,000 SF |
| Average Occupancy | 96% |
| No. Stories | 5 |
| Year Built | 2023 |
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Clubhouse
- Roof Terrace
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 21 | - | 414 - 526 |
| 1+1 | 29 | - | 594 - 714 |
Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $352,920 | |
| Land Assessment | $148,770 | Total Assessment | $501,690 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$148,770
Improvements Assessment
$352,920
Total Assessment
$501,690
zoning
| Zoning Code | C6 |
| C6 |
-
Patrick Knowlton -
Jeff Dimmen -
Kevin Phelan -
Cushman & Wakefield
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532 W Colorado Ave
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