719-530-4400
2241 E Platte Ave, Colorado Springs, CO for Sale
Apartments - FOR SALE
1/24
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2241 E Platte Ave
Colorado Springs, CO 80909


HIGHLIGHTS

  • First bid meets reserve.
  • 2241 E Platte Avenue is home to Skyline Apartments, a 12-unit apartment building with 14 ground-level office and retail commercial units.
  • Nestled in the Knob Hill suburb of Colorado Springs, a lively neighborhood with parks, shopping, entertainment, restaurants, and schools.
  • This investment opportunity presents immense value-add via renovations and upgrades leading to increased occupancy and rent.
  • New buyer may also have the potential to convert the current build-out from 12 to 26 residential units to cater to full residential renter demand.
  • Nearby are The Citadel Mall, Sunrise Square Shopping Center, UCHealth Memorial Hospital Central, Hillside Plaza at Memorial Park, and much more.

FOR SALE DETAILS

PRICE

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# OF UNITS

26

CAP RATE

Request Cap Rate

% LEASED

16%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

First Bid Meets Reserve | Value-Add Mixed-Use

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,710 SF

ZONING

C-6

APN/PARCEL ID

64162-11-039

ASK ABOUT THIS PROPERTY

Stephen SwiatekThrive Commercial PartnersMore Info
719-530-4400

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Stephen SwiatekThrive Commercial PartnersMore Info
719-530-4400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.