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Remodeled 8-Unit Apartment Building
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618 N Weber St, Colorado Springs, CO 80903

Updated multifamily property with off-street parking, private outdoor space, and dual-entry units near Colorado College.

Property SizeContact for details
Days on Market142

Property Features for 618 N Weber St

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Multifamily

Additional Details

Cap Rate 5.68%
Multifamily Units 8

Amenities

private backyard
front and rear entrances
Listing Agency: Pinnacle Real Estate Advisors
Listed By: Christopher Mitton · License #IA100081883
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 1:10PM

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.

Remodeled apartment property in Colorado Springs containing 8 units, each configured with both front and rear entrances. The improvements also include a private backyard and 5 off-street parking spaces, adding practical amenities for residents and on-site functionality.

The property is within walking distance of Colorado College and is located at 618 N Weber St. Financial metrics include a 5.68% current CAP rate and a 6.4% proforma CAP rate.

Key Highlights

  • Remodeled 8‑unit apartment property
  • 5 off‑street parking spaces
  • Private backyard included

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Store & Service Bakery Pet Grooming Service Clothing & Fashion Store Locksmith

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

3,152
Businesses Nearby

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

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 - Updated multifamily property with off-street parking, private outdoor space, and dual-entry units near Colorado College.
Where is this apartment building located?
The property is located at 618 N Weber St Colorado Springs, CO.
What are key features of this property?
This property features: Remodeled 8‑unit apartment property; 5 off‑street parking spaces; Private backyard included
More about this property
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