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    1203 Rockwood Ave Colorado Springs, CO 80905

    For Sale
    $2,800,000

    Ten single-family homes in Stratton Meadows with strong cash flow.

    Property Features for 1203 Rockwood Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1956

    Source: HARDER REAL ESTATE AND DEVELOPMENT, LLC Agent WALTER HARDER

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

    Overview

    Stratton Meadows Turnkey Rental Portfolio

    This is a turnkey portfolio of ten single-family homes located in Stratton Meadows. The properties consist of a mix of two- and three-bedroom units. Most of the homes include garages, sheds, or carports. The properties are fully occupied with tenants who have a consistent payment history. The homes are individually metered and well-maintained. Their close proximity allows for efficient oversight. The portfolio presents a strong cash flow opportunity with professional management already in place.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    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
    -104.8061194
    Latitude
    38.7965687

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    FAQs

    What type of property is this?
    Single family property - Ten single-family homes in Stratton Meadows with strong cash flow.
    Where is this single family property located?
    The property is located at 1203 Rockwood Ave Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: - Turnkey 10-home rental portfolio with professional management in place.; - Strong cash flow.; - Fully occupied with tenants on consistent payment history.
    Request Owner's contact information
    1203 Rockwood Ave Colorado Springs, CO 80905
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    Colorado Springs, CO 80905
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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
    1203 Rockwood Ave Colorado Springs, CO 80905
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