5525 Bowden Loop, Colorado Springs, CO 80915

$625,000
3,536
SqFt
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List Price
$625,000
Status
ACTIVE
MLS#
8668563
Year Built
1983
Living Area
3,536
Region
Out of Area
Subdivision
Village Seven
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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.

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Additional Information

Taxes
$2,336
School District
Academy 20
Elementary School
Academy Endeavor
Middle School
Peakview Academy at Conrad Ball
High School
Air Academy
Heating
Radiant
Garage Spaces
6
Zoning
PDZ AO
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Listing courtesy of Jason Koch.

Jason.koch@mmgrea.com

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