UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3517240
Construction Status Existing
Year Built 1895
Annual Tax Amount $2,754
Tax Year 2025
Lot Size 6,751 Sqft
Acres 0.155
Property Sub-Type Multi Family
Source Pikes Peak REALTOR® Services
Property Description
The portfolio includes 1127 N Wahsatch Avenue, 1204 N Weber Street, 1127 N Weber Street, 316 E Uintah Street, and 122 E Uintah Street. Each property offers convenient access to the Colorado College campus, creating an attractive housing option for students seeking off-campus accommodations.
The portfolio benefits from an established room-by-room rental model, with individual leases that align with the academic calendar. Its location near Colorado College positions these properties within a concentrated student rental market, with convenient access to campus, downtown Colorado Springs, dining, and neighborhood amenities. With 32 rentable rooms spread across five properties, investors benefit from multiple income streams rather than reliance on a single tenant or household.
Offered as a complete package, this student housing portfolio provides immediate income potential without the time and complexity of assembling individual investment properties. The established operating history provides valuable insight into rental performance, while the portfolio's scale offers an opportunity to acquire a meaningful position in the Colorado College student housing market. With five established rental homes in a highly desirable location near campus, this is a compelling opportunity for investors seeking a specialized, income-producing real estate asset.
Five properties. 32 rentable rooms. One exceptional investment opportunity. Financials, rent rolls, and additional property details available upon request.
Location
State CO
County El Paso
Rooms
Basement Full Basement
Interior
Heating Baseboard, Hot Water, Natural Gas, Other, See Prop Desc Remarks
Cooling None
Furnishings Existing
Appliance Oven, Refrigerator
Laundry Common
Exterior
Carport Spaces 16
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected
Building
Sewer Sewer
Water Municipal
Construction Status Existing
Schools
School District Colorado Springs 11
Others
Tax ID 6407107014
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Nearby Locations
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Chad Sahhar
Broker / Owner License ID: ER40042467
Broker / Owner License ID: ER40042467