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125 Ruxton Ave 2 Properties Offered at $3,071,024 CAD in Manitou Springs, CO

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INVESTMENT HIGHLIGHTS

  • Six fully renovated units with themed-era restorations
  • Prime location near Manitou Incline and Pikes Peak Railway
  • Flexible lease terms with potential for short-term rental licensing
  • Income-producing 15-space parking lot across the street
  • Shared courtyard and community garden enhance tenant experience

EXECUTIVE SUMMARY

Crosby Cottages includes 2 single-family homes, 4 cottages, 1 rentable garage space + income-producing parking lot with 15 spaces. Sold as 1 package.
A rare and extraordinary turnkey rental opportunity in Manitou Springs to own the historic Crosby Cottages, a collective community of two striking single-family homes, four one-of-a-kind themed cottages, and an income-producing 15-unit parking lot. Just moments from the iconic shops, restaurants, and natural landmarks of the Manitou Springs area, these homes are purposely updated by vibrantly combining vintage elements of their 1909 character with modern conveniences. This captivating property of six distinct residences forms a cohesive enclave, each with its own private entrance and generous porch. A shared courtyard and community garden cultivate a warm, village-like atmosphere. The structures retain classic character with original restored hardwood floors and some with cast iron tubs and sinks. All have been renovated with updated kitchens, bathrooms, individual electric meters, washer/dryer hookups, updated electrical, updated plumbing, fresh paint inside and out. The residence at 129 Ruxton offers three beds, two baths and a historic brick fireplace, while the residence at 125 Ruxton features two beds and one bath. The four cabins at 125R Ruxton vary in layout and size. Cabin 1 offers a cozy studio with a ¾ bath and retro flooring, while Cabin 2 features two beds, a loft, an office with built-ins, and a full bath. Cabin 3 presents a bedroom, a full bath and stylish accents including a subway tile backsplash. Cabin 4 hosts a bedroom and a ¾ bath with unique tile. The 15-spot parking lot across the street generates year-round income with its prime location between downtown Manitou Springs and several high-volume tourist attractions. Ideally suited for those seeking a well-positioned, income-producing asset in a high-demand area with limited rental availability. Situated moments from the Manitou Incline, Pikes Peak Cog Railway, local dining, shopping, trails and Garden of the Gods, this property offers an unparalleled rental income community.

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD)
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

TAXES & OPERATING EXPENSES (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual $99,999
Vacancy Loss (CAD)
Annual $99,999
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual $99,999
Operating Expenses (CAD)
Annual $99,999
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

PROPERTY FACTS

Price $3,071,024 CAD
Price / SF $662.86 CAD / SF
Cap Rate 6.39%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 4,633 SF
Total Land Area 0.45 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
125 Ruxton Ave, Manitou Springs, CO 80829 Land 0.20 AC - -
125 Ruxton Ave, Manitou Springs, CO 80829 Multifamily 4,633 SF 1909 -
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  • Listing ID: 38423147

  • Date on Market: 2025-11-12

  • Last Updated:

  • Address: 125 Ruxton Ave, Manitou Springs, CO

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