3,536 SqFt
3,536 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,536 sqft
Price per Sqft $176
Subdivision Pikes Peak Park Sub No 28 Resub Of Lot 1
MLS Listing ID 1929098
HOA Y/N No
Abv Grd Liv Area 3,536
Year Built 1984
Annual Tax Amount $2,390
Tax Year 2024
Property Sub-Type Quadruplex
Source recolorado
Property Description
This is a compelling operational value-add investment. The current owner has already completed nearly all of the interior capital improvements required to bring the properties up to market standards, significantly reducing the need for further capital expenditures in the near term. With the units in great condition and rents currently below market, there is immediate upside potential through lease turnover and rent increases, allowing a new investor to drive revenue growth without the burden of heavy renovation costs.
Situated in a well-established rental corridor near schools, shopping centers, public transportation, and major employment hubs, both properties are ideally located to attract and retain quality tenants. For investors seeking a clean, low-maintenance multifamily opportunity with in-place cash flow and strong rent growth potential, 2481 and 2521 Astrozon Circle offer a rare combination of stability and upside in one of Colorado's most dynamic rental markets.
Location
State CO
County El Paso
Zoning R5 AO
Interior
Heating Forced Air
Cooling Other
Fireplace N
Exterior
Roof Type Other
Garage No
Building
Sewer Public Sewer
Level or Stories Two
Structure Type Wood Siding
Schools
Elementary Schools Giberson
Middle Schools Panorama
High Schools Sierra High
School District Harrison 2
Others
Senior Community No
Ownership Individual
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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