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3137 W Pikes Peak Ave 3 Unit Apartment Building $1,049,797 CAD ($349,932 CAD/Unit) Colorado Springs, CO 80904
Investment Highlights
- • Strong appeal for both renters and owners seeking walkable, lifestyle-oriented living
- • Flexible MX-M zoning allowing for townhomes, mixed-use, live/work, or alternative concepts. This could be a relatively efficient infill project — or
- • Immediate access to Highway 24, minutes to Garden of the Gods and Old Colorado City
- • Preliminary approvals already in place for six townhomes—potentially a streamlined path to development
- • ~3-minute walk to Starbucks and ~5 minutes to a retail center with Safeway, gym, dining, and services
Executive Summary
A strong fit for a developer/builder focused on well-located, efficient infill projects! Location! Location! Location! This is one of those opportunities where the location does much of the heavy lifting, with flexibility to execute a straightforward project or something more creative. The property sits right at the gateway between Manitou Springs and Colorado Springs, Colorado, an area people truly enjoy living in.Please call the listing agent to discuss more information.
Property Facts
| Price | $1,049,797 CAD | Building Class | C |
| Price Per Unit | $349,932 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 2,092 SF |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1899 |
| Property Subtype | Apartment | Parking Ratio | 0.48/1,000 SF |
| Zoning | MX-M - Mixed-Use Medium Scale | ||
| Price | $1,049,797 CAD |
| Price Per Unit | $349,932 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,092 SF |
| No. Stories | 1 |
| Year Built | 1899 |
| Parking Ratio | 0.48/1,000 SF |
| Zoning | MX-M - Mixed-Use Medium Scale |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 3 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 74034-20-013 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $65,003 CAD |
Property Taxes
Parcel Number
74034-20-013
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$65,003 CAD
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3137 W Pikes Peak Ave
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