
Seller's Agent in 2024
Nic Polaski
Cushman & Wakefield
(719) 238-9074
1 in this area
25 Total Sales
Cushman & Wakefield is pleased to present 2903 Sage Street, a 5 unit multifamily asset in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. This exciting opportunity, comprised of 5 units, is located in the westside submarket of Colorado Springs, CO. The property offers one 3-bedroom, 1-bathroom unit and the remaining four are all 1-bedroom, 1-bathroom apartment homes with some recent renovations. The property benefits from its close proximity to Interstate 25, Garden of the Gods and UCCS. 2903 Sage Street is perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. All units do have approximately $125 in RUBS and currently the property is 100% occupied.
Last Agent to Sell the Property
Cushman & Wakefield Brokerage Email: Nic.Polaski@cushwake.com,719-238-9074 License #100099164 Listed on: 11/15/2023
Last Buyer's Agent
Cushman & Wakefield Brokerage Email: Nic.Polaski@cushwake.com,719-238-9074 License #100099164 Listed on: 11/15/2023
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/21/2024 03/21/24 | Sold | $743,500 | -3.0% | $215 / Sq Ft |
02/08/2024 02/08/24 | Pending | -- | -- | -- |
11/15/2023 11/15/23 | For Sale | $766,660 | -- | $222 / Sq Ft |
Seller's Agent in 2024
Nic Polaski
Cushman & Wakefield
(719) 238-9074
1 in this area
25 Total Sales
Source: REcolorado®
MLS Number: 4489583
APN: 73364-02-011