Log In/Sign Up
Your email has been sent.
3960 Stonedike Dr
Colorado Springs, CO 80907
Multifamily Property For Sale
·
4 Units


INVESTMENT HIGHLIGHTS
- Desirable location in West Colorado Springs neighborhood Holland Park
- Updated windows and new roof in 2021
- Well maintained building with 2 recently renovated units, with the opportunity to increase rents to market rate
EXECUTIVE SUMMARY
***Incredible Investment Opportunity***3960 Stonedike Drive in Colorado Springs, Colorado, represents a compelling opportunity to acquire a stabilized multifamily asset in one of the state’s most dynamic rental markets. This well positioned property offers four spacious 2 Bed/1 Bath units featuring updated windows, functional layouts, and on-site laundry facility. Strategically located near key employment hubs, major transportation corridors, and retail centers, the property benefits from strong renter demand and minimal vacancy risk. The surrounding neighborhood continues to experience robust population and economic growth, supporting consistent rent appreciation and long-term value stability. This asset provides investors with a reliable income stream and potential for continued rent growth, supported by the region’s constrained housing supply and downward trending occupancy rates. With no need for professional management and limited near-term capital needs, 3960 Stonedike Drive offers both operational efficiency and scalability within a resilient submarket. The property’s strong fundamentals, attractive location, and positive market outlook make it an ideal acquisition for investors seeking a secure, cash-flowing multifamily investment in the Colorado Springs market.
PROPERTY FACTS
| Price Per Unit | $226,837 CAD | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 3,400 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1980 |
| Building Class | C | Parking Ratio | 2.06/1,000 SF |
| Zoning | R5 | ||
| Price Per Unit | $226,837 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,400 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 2.06/1,000 SF |
| Zoning | R5 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 850 |
PROPERTY TAXES
| Parcel Number | 73253-14-004 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $71,066 CAD |
PROPERTY TAXES
Parcel Number
73253-14-004
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$71,066 CAD
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
