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516 Alexander Rd - Knob Hill Townhome Lots 8,500 Acres of Residential Land Offered at $350,958 CAD in Colorado Springs, CO 80909
Investment Highlights
- Zoning
- Quiet street with alley access
- Size
Executive Summary
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Gross Rental Income |
$22,742
|
$2.68
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$22,742
|
$2.68
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $22,742 |
| Annual Per AC | $2.68 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $22,742 |
| Annual Per AC | $2.68 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
1 Lot Available
Lot 1-5
| Price | $350,958 CAD | Lot Size | 8,500.00 AC |
| Price Per AC | $41.29 CAD |
| Price | $350,958 CAD |
| Price Per AC | $41.29 CAD |
| Lot Size | 8,500.00 AC |
This lot currently has a single family home, rented. I have plans to build 4-5 townhomes on this lot. Lot is surveyed, and a preliminary sight plan and soils report are completed.
Description
Flat lot with a single family home on it. The lot was re-zoned for multi-family and I have been working on entitlements for subdivision and building 4 or 5 modular townhomes. Retail value of townhomes is between $350,000-$400,000 each. I have another property in neighborhood that is larger and can fit 8-12 townhomes on it. It is zoned R5. I am open to joint venture if necessary. Call or email for more details.
Presented by
Eagles Point Investments
516 Alexander Rd - Knob Hill Townhome Lots
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