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    2237 E Boulder St Colorado Springs, CO 80909

    For Sale
    Contact for pricing

    Multifamily investment property in Colorado Springs, value-add potential.

    Property size:
    15,418 SF

    Property Features for 2237 E Boulder St

    General Information

    Size
    15,418 SF

    Source: Mike Krebsbach Agent Mike Krebsbach

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

    Overview

    27-Unit Multifamily Investment Opportunity

    This multifamily investment property features 27 units and is located in Colorado Springs. The property offers a value-add opportunity with potential rent increases. It is situated approximately 1.8 miles from downtown Colorado Springs and 0.5 miles from the U.S. Olympic Training Center. The property size is 15,418 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Boulder Manor Apartment Building

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -104.787682
    Latitude
    38.838176

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    FAQs

    What type of property is this?
    Apartment building - Multifamily investment property in Colorado Springs, value-add potential.
    Where is this apartment building located?
    The property is located at 2237 E Boulder St Colorado Springs, CO.
    What are key features of this property?
    This property features: - Strong value-add opportunity; - $80-$110 upside in rents compared to current average; - 27-unit multifamily investment
    (561) 789-1303
    Request Owner's contact information
    2237 E Boulder St Colorado Springs, CO 80909
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    Colorado Springs, CO 80909
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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
    2237 E Boulder St Colorado Springs, CO 80909
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