Patricia Beck
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$1,051,200

1234 Rockwood AvenueColorado Springs, CO 80905

Sq ft
0
Acres
0.66

Listing courtesy of Harder Real Estate and Development, LLC · Active · MLS #9836825

About this home

Rental opportunity in Stratton Meadows! Build your portfolio with four recently updated, nicely maintained homes, all rented to long term tenants and professionally managed. Current rents total $6,570 monthly and $78,840 annually, offering a 7.5% gross rental yield at the $1,051,200 package price before operating expenses. offers 796 square feet and a detached two car garage. features 894 square feet and a detached two car garage. Both offer 796 square feet each. Four separate homes provide multiple rental income streams, and their close proximity makes management convenient. The garages add valuable parking and storage space. Convenient access to I25, downtown Colorado Springs, and nearby Creekwalk shopping, dining, and creekside paths adds to the appeal. Continued redevelopment along the nearby South Nevada corridor brings fresh energy and investment to the area. With established tenants, professional management, and approximately 0.66 acres combined, this is your opportunity to acquire a maintained rental portfolio with income from day one in an up and coming Colorado Springs neighborhood!

Details

Interior

Full / ¾ / half baths
0 / 0 / 0

Costs and listing

Property type
Commercial · Other
County
El Paso
MLS #
9836825

Location

1 photos · 1234 Rockwood Avenue, Colorado Springs
Property Portfolio Overview. Displaying aerial views of four properties in Colorado Springs, Colorado, including their addresses and approximate parcel boundaries
Call Patricia · 719-660-9058