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Marquette Heights Apartments 568 Marquette Dr 108 Unit Apartment Building $18,646,199 CAD ($172,650 CAD/Unit) Colorado Springs, CO 80911
Executive Summary
Attractive assumable financing - 4.43% interest with an approximate $7,800,000 loan balance
Well located near the Colorado Springs airport near significant employment (Amazon, Coca Cola, and Aerospace Industry)
Excellent unit mix and in a well maintained community with some light value add
Well located near the Colorado Springs airport near significant employment (Amazon, Coca Cola, and Aerospace Industry)
Excellent unit mix and in a well maintained community with some light value add
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts
| Price | $18,646,199 CAD | Building Class | C |
| Price Per Unit | $172,650 CAD | Lot Size | 2.72 AC |
| Sale Type | Investment | Building Size | 73,575 SF |
| No. Units | 108 | Average Occupancy | 91% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1971/2019 |
| Apartment Style | Low-Rise | Parking Ratio | 1.88/1,000 SF |
| Zoning | R3, El Paso County | ||
| Price | $18,646,199 CAD |
| Price Per Unit | $172,650 CAD |
| Sale Type | Investment |
| No. Units | 108 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.72 AC |
| Building Size | 73,575 SF |
| Average Occupancy | 91% |
| No. Stories | 3 |
| Year Built/Renovated | 1971/2019 |
| Parking Ratio | 1.88/1,000 SF |
| Zoning | R3, El Paso County |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- Laundry Facilities
- Pool
- Walking/Biking Trails
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 90 | - | 625 |
| 2+1 | 18 | - | 850 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $1,556,654 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,556,654 CAD
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Marquette Heights Apartments | 568 Marquette Dr
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