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Nine-Unit Apartment Property
For Sale
$1,795,000

102 Holly St, Colorado Springs, CO 80904

Cottages and a restored Craftsman home support a mixed long- and short-term rental operation.

Property Size3,212 SF
Price / SF$558.84
Days on Market41

Property Features for 102 Holly St

General Information

Standard status Active
Size 3,212 SF
Zoning R-2

Units

Unit Mix 1 x 2BR/1BA historic Craftsman, 1 x 2BR/1BA cottage, 4 x 1BR cottage, 3 x studio cottage
Multifamily Units 9

Additional Details

Highway Access Yes

Amenities

mature trees
outdoor gathering areas
assigned parking

Building Details

Year Built 1920
Listing Agency: Pulse Real Estate Group LLC
Listed By: Scott Coddington
Source: Hudsonstonegateteam
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 29 at 11:43AM

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 Pulse Real Estate Group LLC

Investment Insights

Based on property information with market context.

This multifamily property comprises four parcels totaling 28,496 square feet and includes nine residential units. The mix consists of a restored historic two-bedroom, one-bath Craftsman home, a newer two-story cottage with two bedrooms and one bath, four one-bedroom cottages, and three studio cottages. Many units have been updated, while mature trees and outdoor gathering areas complement the buildings. Assigned parking is provided throughout the complex.

The parcels are zoned R-2 and are located directly across from a riding stable. The property is near Manitou Springs, Old Colorado City, Garden of the Gods, downtown Colorado Springs, shopping, dining, schools, and hiking and biking trails, with access to I-25. The current operation combines long-term and short-term rentals. One parcel also carries grandfathered rights for an additional dwelling.

Key Highlights

  • Nine residential units across four parcels totaling 28,496 square feet
  • Unit mix includes a 2‑bedroom, 1‑bath Craftsman, a 2‑bedroom, 1‑bath cottage, four 1‑bedroom cottages, and three studios
  • Four parcels zoned R‑2

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Hair Salon Law Firm Nail Salon HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby

Demographics for 80904, CO

20,986
Population
11,578
Households
1.8
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
11.2 sq mi
ZIP Area
1,874
Density / Sq Mi
$69,566
Median Household Income
$44,494
Median Earnings
$1,417
Median Rent
$413,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Cottages and a restored Craftsman home support a mixed long- and short-term rental operation.
Where is this apartment building located?
The property is located at 102 Holly St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Nine residential units across four parcels totaling 28,496 square feet; Unit mix includes a 2‑bedroom, 1‑bath Craftsman, a 2‑bedroom, 1‑bath cottage, four 1‑bedroom cottages, and three studios; Four parcels zoned R‑2
More about this property
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