2903 Sage Street
Colorado Springs, CO 80907
- 7 beds
- 5 baths
- 3,456 sqft
- $215 per sqft
- 1972 build
- – on site
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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 checked:
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Last updated Mar 25, 2024
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MLS# 4489583 —
The Building
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Year Built:1972
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Construction Materials:Vinyl Siding
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Structure Type:Quadruplex
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Roof:Architecural Shingle
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Common Walls:No One Above
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Basement:false
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Levels:Two
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Building Area Total:3456
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Building Area Source:Public Records
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Above Grade Finished Area:3456
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Property Attached:true
Room Dimensions
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Living Area:3456
Location
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Latitude:38.87399329
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Longitude:-104.83818837
The Property
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Property Type:Residential Income
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Property Subtype:Quadplex
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Parcel Number:73364-02-011
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Zoning:R5 HS
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Exclusions:None
Listing Agent
- Contact info:
- Agent phone:
- (719) 238-9074
- Office phone:
- (303) 292-3700
Taxes
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Tax Year:2022
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Tax Annual Amount:1583
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Tax Legal Description:LOT 14 BLK 3 MESA SPRINGS ADD 3
Beds
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Bedrooms Total:7
Baths
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Total Baths:5
Heating & Cooling
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Heating:Baseboard
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Cooling:None
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Adams
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Elementary School District:Colorado Springs 11
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Middle Or Junior School:Jenkins
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Middle Or Junior School District:Colorado Springs 11
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High School:Coronado
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High School District:Colorado Springs 11
The Community
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Subdivision Name:Colorado Springs
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Senior Community:false
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Association:false
Parking
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Parking Total:4
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Attached Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
