Remodeled 7-Unit Apartment
For Sale
Contact for pricing
1324 N Nevada Ave, Colorado Springs, CO 80903
Remodeled 7-unit apartment building with private backyard and patio plus 10 off-street parking spaces.
Property SizeContact for details
Days on Market142
Property Features for 1324 N Nevada Ave
General Information
Standard status
Active
Total Parking Spaces
10
Property subtype
Multifamily
Additional Details
Cap Rate
5.24%
Multifamily Units
7
Amenities
private backyard
patio
Building Details
Tenancy
Multi
Listing Agency:
Pinnacle Real Estate Advisors
Listed By:
Christopher Mitton · License #IA100081883
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 6:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
This remodeled 7-unit apartment building offers a private backyard and patio, along with 10 off-street parking spaces for residents and guests. The property is presented as a residential income asset with multiple rental units within a single, compact community setting.
Located in the Historic North End of Colorado Springs, the building is described as within walking distance to Colorado College. The offering is also presented with a 5.24% current CAP rate and a 6.4% proforma CAP rate. Please contact the listing advisor for additional details on unit mix, financing, and other underwriting information.
Located in the Historic North End of Colorado Springs, the building is described as within walking distance to Colorado College. The offering is also presented with a 5.24% current CAP rate and a 6.4% proforma CAP rate. Please contact the listing advisor for additional details on unit mix, financing, and other underwriting information.
Key Highlights
- Remodeled 7‑unit apartment building in the Historic North End of Colorado Springs
- Walking distance to Colorado College
- 10 off‑street parking spaces included
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
698
Businesses Nearby
Explore this area
Business Placement
Demographics for 80903, CO
15,944
Population
8,340
Households
1.9
Avg Household Size
34
Median Age
39%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$59,292
Median Household Income
$35,251
Median Earnings
$1,221
Median Rent
$420,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Remodeled 7-unit apartment building with private backyard and patio plus 10 off-street parking spaces.
Where is this apartment building located?
The property is located at 1324 N Nevada Ave Colorado Springs, CO.
What are key features of this property?
This property features: Remodeled 7‑unit apartment building in the Historic North End of Colorado Springs; Walking distance to Colorado College; 10 off‑street parking spaces included
