6-Unit Apartment
For Sale
Contact for pricing
Pending
1602 S Wahsatch Ave, Colorado Springs, CO 80905
Renovated interiors and existing leases support an income-producing multifamily asset near Colorado Springs’ South Nevada corridor.
Property SizeContact for details
Days on Market144
Property Features for 1602 S Wahsatch Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Cushman & Wakefield - Denver, Colorado
Listed By:
Jeff Dimmen · License #CO 100084990
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Sep 2 at 12:14PM
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 Cushman & Wakefield - Denver, Colorado
Investment Insights
Based on property information with market context.
This multifamily property contains six apartments with a five-to-one mix of one-bedroom, one-bath units and a three-bedroom, one-bath unit. Interior renovations have been completed throughout, and the property includes leases already in place. Major capital items have also been replaced, providing an updated physical profile for the asset.
The property is located near the South Nevada Redevelopment corridor and the historic Ivywild Neighborhood, with downtown Colorado Springs a short drive away. Regional access includes I-25 and Hwy 115, while nearby transit, retail, and dining add convenience. Weidner Field, Colorado Creekwalk, and The Broadmoor are each within a 5-minute drive.
The property is located near the South Nevada Redevelopment corridor and the historic Ivywild Neighborhood, with downtown Colorado Springs a short drive away. Regional access includes I-25 and Hwy 115, while nearby transit, retail, and dining add convenience. Weidner Field, Colorado Creekwalk, and The Broadmoor are each within a 5-minute drive.
Key Highlights
- Six apartments with five 1‑bedroom/1‑bath units and one 3‑bedroom/1‑bath unit
- Full interior renovations completed
- Leases in place across the property
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
749
Businesses Nearby
Explore this area
Business Placement
Demographics for 80905, CO
17,592
Population
8,933
Households
2
Avg Household Size
38
Median Age
39%
College-Educated
92%
High-School Grad
5.1 sq mi
ZIP Area
3,449
Density / Sq Mi
$64,496
Median Household Income
$40,876
Median Earnings
$1,449
Median Rent
$349,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated interiors and existing leases support an income-producing multifamily asset near Colorado Springs’ South Nevada corridor.
Where is this apartment building located?
The property is located at 1602 S Wahsatch Ave Colorado Springs, CO.
What are key features of this property?
This property features: Six apartments with five 1‑bedroom/1‑bath units and one 3‑bedroom/1‑bath unit; Full interior renovations completed; Leases in place across the property
