The Bonfoy and Delaware Drive Multi-Family FOR SALE


Colorado Springs, CO - Memorial Park
$6,850,000 USD
303-328-2041
, Colorado Springs, CO for Sale
$6,850,000 USD
Multi-Family - FOR SALE
1/27
null | 6.27% Cap Rate

The Bonfoy and Delaware Drive
Colorado Springs, CO
Memorial Park


HIGHLIGHTS

  • Two Well Maintained Assets in Colorado Springs
  • Ample Off-Street Parking
  • 70% of Units have been Updated

OVERVIEW

Marcus & Millichap is pleased to present two exceptional multifamily investment opportunities in Colorado Springs: The Bonfoy Apartments and Delaware Drive Apartments. The Bonfoy Apartments is a well-maintained, 32-unit community ideally located in the heart of downtown, just steps from Memorial Park and the city's most desirable amenities. The property offers a diverse unit mix, including eight 400-square-foot studios, eighteen 575-square-foot one-bedroom, one-bathroom units, and six 820-square-foot two-bedroom, one-bathroom units. Recent capital improvements, such as a resurfaced parking lot, new railings and stairs, and upgraded boilers, enhance the property's long-term value. Delaware Drive Apartments is an 18-unit apartment community positioned near downtown and the Citadel Mall, providing convenient access to key metro destinations. The property features a unit mix of six 575-square-foot one-bedroom, one-bathroom units and twelve 725-square-foot two-bedroom, one-bathroom units. Both properties present a compelling opportunity for investors seeking well-maintained assets in prime locations within the thriving Colorado Springs market.

ASK ABOUT THIS PROPERTY

Boomer BeattyMarcus & MillichapMore Info
303-328-2041

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

Boomer BeattyMarcus & MillichapMore Info
303-328-2041

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