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Renovated Twelve-Unit Apartment Building

305 May Dr Colorado Springs, CO 80905

305 May Dr, Colorado Springs, CO, 80905
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For Sale
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Renovated twelve-unit apartment community with studio, one-bedroom, and two-bedroom units, plus off-street parking.

Property Size7,128 SF
Lot Size0.54 Acres
Days on Market104

Property Features for 305 May Dr

General Information

Standard status
Active
Size
7,128 SF
Lot size
0.54 Acres
Property subtype
Multifamily
Listing agency Unique Properties, Inc
Listed by Phil Dankner · License #CO FA.100052493
Source Crexi
Added: Apr 11 Updated: Jul 23 at 1:29AM Checked: Jul 23 at 1:29AM

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 Unique Properties, Inc


Investment Insights

Based on property information with market context.

This renovated twelve-unit apartment community includes two studio units, eight one-bedroom units, and two two-bedroom units. The property has undergone complete interior and exterior renovation with new windows and siding, remodeled interiors featuring new flooring and paint, updated kitchen cabinets and bathrooms, and washer/dryer hookups. Exterior improvements also include newer BBQ picnic areas, and the roof is also newer.

The building is situated on a 23,535-square-foot lot with plenty of off-street parking. The property is described as conveniently located within 3 miles of the Broadmoor and within walking distance to new restaurants, retail, and grocery in Colorado Springs.

With a mix of unit types and extensive updates throughout, the community offers a straightforward operating foundation for continued income growth.

Key Highlights

  • Renovated 12‑unit apartment community (7,128 SF) in Colorado Springs
  • Unit mix: 2 studios, 8 one‑bedrooms, and 2 two‑bedrooms
  • Complete interior and exterior renovation, including new windows and siding

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Furniture & Home Goods Electrical Service Dental Office Computer & Electronic Repair Barber Shop (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Renovated twelve-unit apartment community with studio, one-bedroom, and two-bedroom units, plus off-street parking.
Where is this apartment building located?
The property is located at 305 May Dr Colorado Springs, CO.
What are key features of this property?
This property features: Renovated 12‑unit apartment community (7,128 SF) in Colorado Springs; Unit mix: 2 studios, 8 one‑bedrooms, and 2 two‑bedrooms; Complete interior and exterior renovation, including new windows and siding
Contact an agent
(214) 616-2695 Call to check price and availability
More about this property
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