1011-1013 Bennett Avenue, Colorado Springs, CO 80909
Recently renovated four-unit property with 2-bedroom layouts, in-unit laundry, and off-street parking.
- Added:
- Jun 9, 2026
- Days on Market:
- 19
- Last Refresh:
- Jun 20 at 2:10 am
Property Features for 1011-1013 Bennett Avenue
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Property subtype
- Retail, Multifamily
Building Details
- Year Built
- 1985
Listing office Cushman & Wakefield - Denver, Colorado (417) 459-2155
Listing date Jun 9, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Denver, Colorado
HighLights
- Recently renovated 4‑unit multifamily built in 1985
- All units are 2 bed / 2 bath, averaging about 800 SF each
- Units include in‑unit laundry
- Updated interiors throughout the property
- Off‑street parking for residents
Overview
The asset is positioned in Colorado Springs and is described as being located in an infill setting with convenient access to major employment centers, military installations, and downtown Colorado Springs. This central convenience can be relevant for tenants who value shorter commutes and access to a range of area destinations.
For investors or owner-operators, this configuration provides an efficient unit mix of spacious 2-bedroom, 2-bath homes. The combination of recent renovations, in-unit laundry, and off-street parking may appeal to renters seeking modern in-home amenities while supporting practical day-to-day management. The property is being offered for sale as a 4-unit income-focused multifamily opportunity.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.3k | $19.80 |
| − Vacancy | −$3.9k | −$1.09 |
| EGI | $67.4k | $18.71 |
| − OpEx | −$20.2k | −$5.61 |
| NOI | $47.2k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.780073
- Latitude
- 38.8475288
