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12-Unit Apartment Property
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115 Ruxton Ave, Manitou Springs, CO 80829

Five walk-up buildings feature a mix of studios and one- and two-bedroom apartments near downtown amenities.

Property SizeContact for details
Days on Market142

Property Features for 115 Ruxton Ave

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 2 x studio, 6 x 1BR/1BA, 4 x 2BR/1BA
Multifamily Units 12

Building Details

Buildings 5
Stories 2
Listing Agency: MRG Realty Partners
Listed By: Zachary Hansen · License #CO FA.100050116
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 7:58PM

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 MRG Realty Partners

Investment Insights

Based on property information with market context.

This 12-unit apartment property comprises five two-story walk-up buildings connected by exterior walkways. The unit mix includes two studio apartments, six one-bedroom, one-bath units, and four two-bedroom, one-bath units. A majority of the apartments have been renovated under current ownership since the prior sale in April 2021.

The property is located in downtown Manitou Springs, within walking distance of restaurants, cafés, and retail stores. The Manitou Incline, Garden of the Gods, Miramont Castle Museum, and Manitou Springs Heritage Center and Museum are located a short distance away. Colorado Springs is approximately a 15-minute drive from the property.

Key Highlights

  • 12 apartment units in five two‑story walk‑up buildings
  • Unit mix includes 2 studios, 6 one‑bedroom/one‑bath units, and 4 two‑bedroom/one‑bath units
  • Exterior walkways serve the five buildings

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm HVAC Service (Bike/Boat/Book/etc) Store Pharmacy Kitchen & Bath Showroom Grocery & Convenience 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

12
Residential units

Location Intelligence

Trade Area within ½ mile

532
Businesses Nearby

Demographics for 80829, CO

5,343
Population
2,920
Households
1.8
Avg Household Size
48
Median Age
53%
College-Educated
97%
High-School Grad
20.1 sq mi
ZIP Area
266
Density / Sq Mi
$85,341
Median Household Income
$51,231
Median Earnings
$1,175
Median Rent
$567,000
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 - Five walk-up buildings feature a mix of studios and one- and two-bedroom apartments near downtown amenities.
Where is this apartment building located?
The property is located at 115 Ruxton Ave Manitou Springs, CO.
What are key features of this property?
This property features: 12 apartment units in five two‑story walk‑up buildings; Unit mix includes 2 studios, 6 one‑bedroom/one‑bath units, and 4 two‑bedroom/one‑bath units; Exterior walkways serve the five buildings
More about this property
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