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Investment Highlights

  • Serene creekside setting with a quiet, residential atmosphere & Low-density community with only 8 units
  • Spacious townhome layouts with attached garages
  • High-quality, luxury-style townhomes with superior design and finishes

Executive Summary

Creekwalk Townhomes is a fully leased, 8-unit townhome investment opportunity located in the highly desirable Manitou Springs submarket. The property offers stable in-place income with significant upside through mark-to-market rent potential, along with opportunities to optimize operating expenses. Featuring high-quality construction and a unique creekside setting, the asset represents a superior offering at a competitive price point. Ideal for 1031 exchange investors seeking long-term growth and stability.

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $7,205,509 CAD
Price Per Unit $900,689 CAD
Sale Type Investment
Cap Rate 3.67%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Gross Rent Multiplier 17.86
No. Units 8
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Townhome
Lot Size 1.24 AC
Building Size 54,014 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 2006/2012
Parking Ratio 0.15/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Balcony
  • Dishwasher
  • Microwave
  • Storage Space
  • Heating
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Satellite TV
  • Oven
  • Sprinkler System
  • Tub/Shower
  • Views
  • Carpet
  • Wi-Fi
  • Attic
  • Basement
  • Dining Room
  • Family Room
  • Large Bedrooms

Site Amenities

  • Courtyard
  • Waterfront
  • Trash Pickup - Curbside
  • Walking/Biking Trails
  • Wi-Fi
  • Storage Space
  • Green Community
  • Individual Locking Bedrooms
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 8 - 1,623
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 39990019

  • Date on Market: 2026-04-01

  • Last Updated:

  • Address: 467 El Paso Blvd, Manitou Springs, CO 80829

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