Multifamily Community in Colorado
105 S Academy Blvd Colorado Springs, CO 80910
105 S Academy Blvd, Colorado Springs, CO, 80910
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For Sale
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150-unit multifamily community with value-add potential in growing submarket.
Lot Size5.18 Acres
Days on Market112
Property Features for 105 S Academy Blvd
General Information
- Standard status
- Active
- Lot size
- 5.18 Acres
- Property subtype
- Multifamily
Listing agency
Denver Office
(303) 328-2035
Listed by
Matthew T. Berk · License #License(s): CO: FA.100103127
(303) 328-2035
Source
Marcusmillichap
Added: Apr 3 Updated: Jul 10 at 1:15PM Checked: Jul 23 at 2:34AM
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Investment Insights
Based on property information with market context.
Regal Estates is a 150-unit multifamily community located at 105 S Academy Boulevard in Colorado Springs. Constructed in 1972, this garden-style property is situated on 5.18 acres. The unit mix includes 5 one-bedroom units averaging 792 square feet and 145 two-bedroom units averaging 1,000 square feet. A 30-unit building is currently undergoing renovation to include in-unit washer and dryer installations. Infrastructure upgrades are in progress to support future washer and dryer expansion across additional buildings. The property is located 3.8 miles from Downtown Colorado Springs and under 10 minutes from the Colorado Springs Airport. Nearby employment hubs include Fort Carson, Peterson Space Force Base, and the U.S. Air Force Academy, as well as defense and aerospace contractors such as Lockheed Martin, Northrop Grumman, and Raytheon. Retail centers in the vicinity include Citadel Mall, Walmart Supercenter, and Safeway. Recreation options such as Garden of the Gods, Cheyenne Mountain State Park, and Pikes Peak are also nearby.
Key Highlights
- Value‑add opportunity with ongoing renovation of 30 units to include in‑unit washer/dryers, supporting $100+ rent premiums.
- Located in a rapidly growing submarket of southeast Colorado Springs, near major employment hubs.
- Attractive unit mix with spacious units (5 one‑bedroom, 145 two‑bedroom) exceeding submarket norms.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Regal Estates
Apartment Complex
Cash for any vehicle
Recycling Center
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FAQs
What type of property is this?
Apartment building - 150-unit multifamily community with value-add potential in growing submarket.
Where is this apartment building located?
The property is located at 105 S Academy Blvd Colorado Springs, CO.
What are key features of this property?
This property features: Value‑add opportunity with ongoing renovation of 30 units to include in‑unit washer/dryers, supporting $100+ rent premiums.; Located in a rapidly growing submarket of southeast Colorado Springs, near major employment hubs.; Attractive unit mix with spacious units (5 one‑bedroom, 145 two‑bedroom) exceeding submarket norms.
