3445 Cochran Dr - Apartments FOR SALE


Colorado Springs, CO 80916- Southborough
$800,000 USD
303-512-1167
3445 Cochran Dr, Colorado Springs, CO for Sale
$800,000 USD
Apartments - FOR SALE
1/9
null | 7.8% Cap Rate

3445 Cochran Dr
Colorado Springs, CO 80916
Southborough


OVERVIEW

3445 Cochran Dr, Colorado Springs is a 4-unit apartment building, including four two-bedroom, one-bathroom residences. Built in 1984 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 year with new windows, a refreshed painted exterior, and perimeter fence. This property also come equipped with a wireless security camera system. Each unit boasts individual AC units, in unit washer and dryer hook ups and storage unit for personalized comfort. With its prime location 3445 Cochran St presents a turnkey investment opportunity with immediate cashflow. This property is perfect for first time home buyers and house hackers alike. This property offers a 7.80% cap rate!

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$226 USD /SF

# OF UNITS

4

PRICE/UNIT

$200,000

CAP RATE

7.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,075 SF

ZONING

PUD

APN/PARCEL ID

64353-08-233

ASK ABOUT THIS PROPERTY

William McCauleyUnique Properties, Inc.More Info
303-512-1167

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William McCauleyUnique Properties, Inc.More Info
303-512-1167

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