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    1429 Potter Dr Colorado Springs, CO 80909

    For Sale
    Contact for pricing

    Multifamily investment property in Colorado Springs with strong cash flow.

    Property size:
    40,677 SF

    Property Features for 1429 Potter Dr

    General Information

    Size
    40,677 SF

    Source: Mike Krebsbach Agent Mike Krebsbach

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

    Overview

    62-Unit Multifamily Investment Opportunity

    This 62-unit multifamily property is located in Colorado Springs. The property features a centralized location and an exterior hallway walk-up style apartment complex. The unit mix includes 24 one-bedroom units and 38 two-bedroom units. It is located 5 miles from downtown Colorado Springs and 8 miles from the new Amazon Fulfillment Center. The property offers strong cash flow with great upside.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Arroyo Apartments Apartment Complex Olympic Gardens Apartment ... Apartment Complex negocios colorado Website Designer

    Suggested Use

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

    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
    -104.7521423
    Latitude
    38.8539301

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    FAQs

    What type of property is this?
    Apartment building - Multifamily investment property in Colorado Springs with strong cash flow.
    Where is this apartment building located?
    The property is located at 1429 Potter Dr Colorado Springs, CO.
    What are key features of this property?
    This property features: - Strong cash flow with great upside; - Great centralized location; - 62-unit multifamily investment opportunity
    (561) 789-1303
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    1429 Potter Dr 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
    1429 Potter Dr Colorado Springs, CO 80909
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