Property Description

Cushman & Wakefield is pleased to present 1099 Westmoreland Road, a quadraplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. This exciting opportunity, comprised of 4 units, is located in the thriving northside submarket of Colorado Springs, CO. The property offers all 2-bedroom, 1-bathroom apartment homes with some recent renovations. The property benefits from its close proximity to Interstate 25, Garden of the Gods, University Village and UCCS. 1099 Westmoreland Road is perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. All units do have approximately $125 in RUBS and currently the property has one vacant unit.

Additional Details
For Sale
6807582
Two
Off Street
0 Acre
$1,573
2022
Colorado Springs 11
Bristol
Holmes
Doherty
Cushman & Wakefield
4
None
Income Property
Nic Polaski
Nic.Polaski@cushwake.com,719-238-9074

1099 Westmoreland, Colorado Springs, Colorado 80907

8 Bedrooms
4 Bathrooms
3,240 Sqft
$766,660
MLS ID #6807582
Property Details
Property Type : Residential Income
Price : $766,660
Listing Status : Active
Year Built : 1972
Square Footage : 3,240 Sqft
Bedrooms : 8
Bathrooms : 4
Number of Garage Spaces : 4
Agent info
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