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(720) 626-9747
Coldwell Banker - Carla Knight
5525 Bowden Loop, Colorado Springs, CO 80915
- $625,000
- 3,536
- SqFt
Courtesy of MMGREA LLC . Jason.koch@mmgrea.com
- List Price
- $625,000
- Type
- Multifamily
- Status
- ACTIVE
- MLS Number
- 8668563
- Finished Sqft
- 3,536
- Subdivision
- Village Seven
- Year Built
- 1983
Property Description
MMG Real Estate Advisors is pleased to present 5525 Bowden Loop, a 4-unit multifamily property located in the Rustic Hills neighborhood on the east side of Colorado Springs, Colorado — the state's second-largest city, roughly 70 miles south of Denver. Situated just off Palmer Park Boulevard and Space Center Drive along the Powers Boulevard / Academy Boulevard retail corridor, the property offers a small-scale, turnkey value-add opportunity in a supply-constrained workforce-housing submarket. With one unit already turned and achieving proven rent premiums, incoming ownership can capture significant loss-to lease recapture by systematically upgrading the property's remaining classic units.
Additional Information
- School District
- Academy 20
- Elementary School
- Academy Endeavor
- Middle School
- Peakview Academy at Conrad Ball
- High School
- Air Academy
- Taxes
- $2,336
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