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Six-Unit Creekside Apartment Portfolio
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318 Ruxton Ave, Manitou Springs, CO 80829

Fully occupied six-unit, one-bedroom apartment portfolio accessed via pedestrian bridge over Manitou Creek.

Property Size2,834 SF
Price / SF$344.04
Days on Market158

Property Features for 318 Ruxton Ave

General Information

Standard status Active
Size 2,834 SF
Property subtype Multifamily
Occupancy 100%
Net Operating Income $63,519

Additional Details

Road Access Yes
Multifamily Units 6

Building Details

Year Built 1919
Units 6
Tenancy Multi
Listing Agency: NORTHPEAK Commercial Advisors
Listed By: Joe Hornstein · License #CO CO
Source: Crexi
Added: Apr 1 Changed: Aug 21 Last Checked: Sep 1 at 9:58PM

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 NORTHPEAK Commercial Advisors

Investment Insights

Based on property information with market context.

This fully occupied income property consists of six one-bedroom apartment units spread across three addresses: 318, 320, and 324 Ruxton. The units are accessed via a pedestrian bridge over Manitou Creek, creating a distinct creekside layout for the portfolio. The property is described as character-rich and includes multiple unique unit configurations within the six-unit structure.

The portfolio is located along Ruxton Avenue in Manitou Springs, on the storied route to the Manitou Incline, Barr Trail, and the Pikes Peak Cog Railway. The offering comprises nearly half an acre of land.

For buyers seeking a professionally presented, turnkey-occupied multifamily asset, this is a compact six-unit configuration with bridge access designed around the creekside setting.

Key Highlights

  • Fully occupied six‑unit portfolio with all units being 1‑bedroom apartments
  • Property spans three addresses: 318, 320, and 324 Ruxton Ave
  • Creekside location along Ruxton Avenue with all units accessed via a pedestrian bridge over Manitou Creek

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm HVAC Service Pharmacy Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store

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

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

413
Businesses Nearby

Demographics for 80829, CO

5,343
Population
2,920
Households
1.8
Avg Household Size
48
Median Age
53%
College-Educated
97%
High-School Grad
20.1 sq mi
ZIP Area
266
Density / Sq Mi
$85,341
Median Household Income
$51,231
Median Earnings
$1,175
Median Rent
$567,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied six-unit, one-bedroom apartment portfolio accessed via pedestrian bridge over Manitou Creek.
Where is this apartment building located?
The property is located at 318 Ruxton Ave Manitou Springs, CO.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Fully occupied six‑unit portfolio with all units being 1‑bedroom apartments; Property spans three addresses: 318, 320, and 324 Ruxton Ave; Creekside location along Ruxton Avenue with all units accessed via a pedestrian bridge over Manitou Creek
(720) 738-1944 Call to check price and availability
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