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340 Gahart Dr
Colorado Springs, CO 80916
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Convenient Commuter Location
- Value-Add Potential
- Attractive Unit Mix
- Established Colorado Springs Submarket
Executive Summary
Cushman & Wakefield presents 340 Gahart Drive, an opportunity to acquire a well-located four-unit multifamily asset in one of Colorado Springs' established residential neighborhoods. The property offers investors the benefits of a smaller apartment community with streamlined management, diversified income from four rental units, and strong long-term demand driven by the city's continued population and employment growth. The building features two units with desirable 3BD/1BA and two units with 2BD/1BA.
Positioned with convenient access to both South Academy and Powers Blvd corridors, major employment centers such as Amazon Distribution Warehouse, shopping, dining, schools, and countless recreational amenities, the property is well situated to attract a broad tenant base. Colorado Springs continues to experience healthy economic expansion fueled by the defense, aerospace, healthcare, technology, and education sectors, supporting consistent demand for quality rental housing throughout the region.
Whether added to an existing portfolio or acquired as a standalone investment, 340 Gahart Drive offers an attractive combination of location, income potential, and long-term appreciation within one of Colorado's most resilient multifamily markets.
Positioned with convenient access to both South Academy and Powers Blvd corridors, major employment centers such as Amazon Distribution Warehouse, shopping, dining, schools, and countless recreational amenities, the property is well situated to attract a broad tenant base. Colorado Springs continues to experience healthy economic expansion fueled by the defense, aerospace, healthcare, technology, and education sectors, supporting consistent demand for quality rental housing throughout the region.
Whether added to an existing portfolio or acquired as a standalone investment, 340 Gahart Drive offers an attractive combination of location, income potential, and long-term appreciation within one of Colorado's most resilient multifamily markets.
Property Facts
| Sale Type | Investment | Lot Size | 0.24 AC |
| No. Units | 4 | Building Size | 3,672 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 2.18/1,000 SF |
| Zoning | R5 AO | ||
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 3,672 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.18/1,000 SF |
| Zoning | R5 AO |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $1,752 CAD | 826 |
| 3+1 | 2 | $1,794 CAD | 900 |
Property Taxes
| Parcel Number | 64144-14-008 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $64,792 CAD |
Property Taxes
Parcel Number
64144-14-008
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$64,792 CAD
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