
Seller's Agent in 2023
Charlie Mitelhaus
CBRE, Inc.
(303) 881-4291
1 in this area
13 Total Sales
This 4-unit value-add apartment building presents a unique opportunity for investors to acquire an income-generating asset in a highly desirable market. With the potential for increased rents through targeted renovations, this property has the potential to provide significant returns for new ownership. Value-add investors can significantly enhance the property’s income potential through unit updates, increasing rents to market levels, and capitalizing on laundry and storage income. The building is situated on an 8,500-square-foot lot, just east of downtown Colorado Springs and is located within minutes of major highways and public transportation, providing convenient access to all that the city has to offer. 315 Vehr features an excellent unit mix comprised of 2-bedroom and 3-bedroom units, with on-site storage and laundry hookups for coin-operated laundry. The property sits northwest of the Colorado Springs Airport and offers ample off-street parking for the tenants.
Last Agent to Sell the Property
CBRE, Inc. Brokerage Email: cmitelhaus@pinnaclerea.com,303-881-4291 License #100091193 Listed on: 04/24/2023
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/24/2023 05/24/23 | Sold | $550,000 | -19.1% | $147 / Sq Ft |
05/05/2023 05/05/23 | Pending | -- | -- | -- |
04/24/2023 04/24/23 | For Sale | $680,000 | -- | $182 / Sq Ft |
Seller's Agent in 2023
Charlie Mitelhaus
CBRE, Inc.
(303) 881-4291
1 in this area
13 Total Sales
Buyer's Agent in 2023
Obdulia Arellano
LPT Realty
(720) 401-0828
1 in this area
21 Total Sales
Source: REcolorado®
MLS Number: 7679737
APN: 64144-14-003