1430-1470 S Chelton Rd Colorado Springs, CO 80910

Listing agency Denver Office m***@marcusmillichap.com Show Phone

Listed by Matthew T. Berk · License #License(s): CO: FA.100103127 Show Phone

Source Marcusmillichap

Added: Apr 3 Updated: Jul 10 at 1:15PM Checked: Jul 22 at 2:10AM

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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.

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FAQs

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.