601 Manitou Avenue, Manitou Springs, CO

$2,320,000

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0.18

Acres

About 601 Manitou Avenue

This unique multifamily opportunity consists of 11 apartments with 1 studio units, 8 one beds, 1 two bed and 1 three bed unit. The property has recently been repainted, has a newer roof, newer HVAC and recent renovations to many of the units. The current owner has solid in place rents with room for rent growth as leases turn. Tenants pay an additional utility fee per month to get owner to net zero utility expense. This property is located in the desirable Manitou Springs area within walking distance to shops, restaurants and entertainment. A rent roll is available upon request.

Features of 601 Manitou Avenue

MLS® # 6176260
Price $2,320,000
Acres 0.18
Year Built 1920
Type Income
Sub-Type Apartments(6+ Units)
Status Active

Community Information

Address 601 Manitou Avenue
Subdivision Manitou Terrace
City Manitou Springs
County El Paso
State CO
Zip Code 80829

Amenities

Utilities Electricity Available, Gas Available

Interior

Heating Forced Air
Cooling None
Fireplace No

School Information

District 14-Manitou Springs

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCapstone West, LLC

Listing Map

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