100-Unit Multifamily
For Sale
Contact for pricing
1430-1470 S Chelton Rd, Colorado Springs, CO 80910
100-unit multifamily community in Colorado Springs, built in 1983.
Property Size51,300 SF
Days on Market159
Property Features for 1430-1470 S Chelton Rd
General Information
Standard status
Active
Size
51,300 SF
Property subtype
Multifamily
Occupancy
93%
Amenities
Attractive Value-Add Opportunity with Balance of Studio, One-, & Two-Bedroom Units
Strategic Location in the Growth Market of Southeast Colorado Springs
Proximity to Major Employment Drivers Including Peterson Space Force Base, Fort Carson, and the U.S. Air Force Academy
Strong Lifestyle & Quality of Life Appeal with Property Minutes from Garden of the Gods, Pikes Peak, and Cheyenne Mountain State Park
Residents Enjoy a Swimming Pool, Spa, Playground, Basketball Court, BBQ Grills, and On-Site Laundry
Building Details
Building Size
51,300 SF
Units
100
Listed By:
Matt Berk · License #License(s): CO: FA.100103127
(303) 328-2035
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 8
Last Checked: Sep 8 at 3:35AM
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 Matt Berk
Investment Insights
Based on property information with market context.
Park View Apartments is a 100-unit multifamily community located at 1430–1470 S Chelton Road in Colorado Springs, Colorado. Constructed in 1983, this garden-style property features a mix of 60 studio units, 20 one-bedroom units, and 20 two-bedroom units. The units offer functional layouts, and select apartments have received recent interior upgrades. A value-add opportunity exists through continued unit modernization, including upgraded appliances, flooring, cabinetry, and finishes. This strategy would allow for increased rents in line with competing properties in the submarket while capitalizing on in-place income. The demand for upgraded workforce housing in the immediate area creates a path to value enhancement and income growth, particularly in the Southeast Colorado Springs submarket.
Key Highlights
- 100‑unit multifamily community in Colorado Springs.
- Well‑balanced unit mix: studios, one‑bedroom, and two‑bedroom units.
- Value‑add opportunity through unit modernization.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,190
Businesses Nearby
Explore this area
Business Placement
Demographics for 80910, CO
30,991
Population
13,940
Households
2.2
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
6.1 sq mi
ZIP Area
5,080
Density / Sq Mi
$56,681
Median Household Income
$37,110
Median Earnings
$1,299
Median Rent
$276,900
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 - 100-unit multifamily community in Colorado Springs, built in 1983.
Where is this apartment building located?
The property is located at 1430-1470 S Chelton Rd Colorado Springs, CO.
What are key features of this property?
This property features: 100‑unit multifamily community in Colorado Springs.; Well‑balanced unit mix: studios, one‑bedroom, and two‑bedroom units.; Value‑add opportunity through unit modernization.
