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935 Hathaway Dr 4 Unit Apartment Building $924,399 CAD ($231,100 CAD/Unit) 8.40% Cap Rate Colorado Springs, CO 80915

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EXECUTIVE SUMMARY

A 4-plex with 2 bedroom +1 bath. All units with quiet & paying tenants. Current rent $5445 a month. Units have open layouts with back balcony & front deck, large kitchen and radiant heating.
Each unit has a fireplace, washer, dryer, water heater, dish washer in each unit. Beautiful pikes peak views. Older building from the 80s, old flooring, old counters etc, but everything is functioning. New roof from 2021. Overall a low maintenance and profitable investment any owner can handle themselves.
Annual expenses:
Property tax: $2385
Insurance: $509
Repairs: $2055

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $90,386 $32.37
Other Income - -
Vacancy Loss - -
Effective Gross Income $90,386 $32.37
Taxes $3,266 $1.17
Operating Expenses $2,814 $1.01
Total Expenses $6,080 $2.18
Net Operating Income $84,305 $30.20

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $90,386
Annual Per SF $32.37
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $90,386
Annual Per SF $32.37
Taxes (CAD)
Annual $3,266
Annual Per SF $1.17
Operating Expenses (CAD)
Annual $2,814
Annual Per SF $1.01
Total Expenses (CAD)
Annual $6,080
Annual Per SF $2.18
Net Operating Income (CAD)
Annual $84,305
Annual Per SF $30.20

PROPERTY FACTS

Price $924,399 CAD
Price Per Unit $231,100 CAD
Sale Type Investment
Cap Rate 8.40%
Sale Condition 1031 Exchange
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.18 AC
Building Size 3,000 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1984/2000
Parking Ratio 2.67/1,000 SF
Opportunity Zone Yes
Zoning RM-30 CAD- - residential

AMENITIES

UNIT AMENITIES

  • Balcony
  • Dishwasher
  • Disposal
  • Fireplace
  • Washer/Dryer

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 4 - 750

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
54074-07-029
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$65,338 CAD (2025)
Annual Taxes
$3,266 CAD ($1.09 CAD/SF)
Tax Year
2024
  • Listing ID: 38929126

  • Date on Market: 2025-12-30

  • Last Updated:

  • Address: 935 Hathaway Dr, Colorado Springs, CO 80915

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