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    4331 Ericson Dr Colorado Springs, CO 80906

    For Sale
    $370,000

    Four-unit apartment building in Stratmoor Hills submarket.

    Property size:
    2,955 SF

    Property Features for 4331 Ericson Dr

    General Information

    Size
    2,955 SF

    Building Details

    Year built
    1971

    Source: Corey Sandberg Agent Corey Sandberg

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Stratmoor Hills Four-Unit Apartment Building

    This is a four-unit apartment building located in the Stratmoor Hills submarket. The property encompasses a total size of 2955 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.7945893
    Latitude
    38.7685837

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    FAQs

    What type of property is this?
    Quadplex - Four-unit apartment building in Stratmoor Hills submarket.
    Where is this quadplex located?
    The property is located at 4331 Ericson Dr Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $370,000.
    What are key features of this property?
    This property features: - Four-unit apartment building; - Located in Stratmoor Hills Submarket; - Built in 1971
    (928) 533-4581
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    4331 Ericson Dr Colorado Springs, CO 80906
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4331 Ericson Dr Colorado Springs, CO 80906
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