Six-Unit Creekside Apartment
For Sale
Contact for pricing
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 Market204
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
(720) 738-1944
Source:
Crexi
Added: Apr 1
Changed: Oct 16
Last Checked: Oct 20 at 8:43PM
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
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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.
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
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Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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
