Listing Agency: Capital Property Group

Listed By: Zach Hansen · License #CO FA.100050116

Source: Crexi

Added: Apr 11 Changed: Sep 2 Last Checked: Sep 2 at 11:29AM

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Investment Insights

Based on property information with market context.

Morningwood Apartments is an apartment building comprising 26 residential units. The property is located at 2619 East Willamette Avenue in Colorado Springs, Colorado, within ZIP code 80909.

Key Highlights

• 26 residential units
• Apartment building asset
• Morningwood Apartments

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Parking Lot & Garage Food Market Restaurant

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

26

Residential units

Location Intelligence

Trade Area within ½ mile

1,508

Businesses Nearby

Explore this area Business Placement

Demographics for 80909, CO

37,302

Population

16,572

Households

2.3

Avg Household Size

38

Median Age

28%

College-Educated

92%

High-School Grad

7.9 sq mi

ZIP Area

4,722

Density / Sq Mi

$61,777

Median Household Income

$36,894

Median Earnings

$1,227

Median Rent

$352,400

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily residential property suited to apartment ownership and operations.

Where is this apartment building located?

The property is located at 2619 East Willamette Avenue Colorado Springs, CO.

What are key features of this property?

This property features: 26 residential units; Apartment building asset; Morningwood Apartments