122 E Uintah Street, Colorado Springs, Colorado, United States, 80903

2,750,000
for Sale
6,750

About the property:

Rare Colorado College Student Housing Investment Opportunity! This turnkey, five-property portfolio offers an exceptional opportunity to acquire an established student housing operation just blocks from Colorado College in the heart of Colorado Springs. Featuring 32 rented rooms across five homes, the portfolio offers an approximate 9% cap rate, established rental history, and a proven room-by-room leasing model designed to maximize income potential. 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 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 rooms spread across five properties, investors benefit from multiple income streams rather than reliance on a single tenant. 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.
Property Type:
MULTI FAMILY
Status:
for Sale
House Style:
Other
Acres:
0.155
Water:
Municipal
Heating:
Baseboard, Hot Water, Natural Gas, Other, See Prop Desc Remarks
Appliances:
Oven, Refrigerator
Sewer:
Sewer
Association Fee:
0
Is Investment:
Yes
Is Investment Opportunity:
Yes
Listing ID:
3517240

Rooms

Dimensions

Brokered by:
Exp Realty Llc
Presented By:

Christy Dunfee

Broker Associate/REALTORĀ®

Realty One Group Apex