Duplex with Mountain
New
For Sale
$715,000
6716 Hampton Dr, Colorado Springs, CO 80918
Two matching units feature private decks, fenced yards, and flexible lower-level living areas.
Property Size2,756 SF
Price / SF$259.43
Days on Market3
Property Features for 6716 Hampton Dr
General Information
Standard status
Active
Size
2,756 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
1972
Buildings
1
Listing Agency:
Real Estate Of Winter Park
(970) 726-2600
Listed By:
Jefferson Real Estate
(719) 836-2615
Source:
Jeffreal
Added: Sep 12
Changed: Sep 14
Last Checked: Sep 14 at 8:38AM
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 Real Estate Of Winter Park
Investment Insights
Based on property information with market context.
Built in 1972, this duplex includes two matching residences with three bedrooms and two baths apiece. Each unit places the main living room, dining area, kitchen, and primary bedroom on the upper level, with two additional bedrooms, a full bath, and laundry space below. Fireplaces anchor the living rooms, while walk-out access connects the dining areas and primary bedrooms to private decks with mountain views.
Both residences have their own fenced yard, creating separate outdoor areas for daily use or entertaining. Land extending beyond the rear fence reaches the property line and offers room for RVs, trailers, or other large vehicles. The property is near Academy Blvd with access to I-25, shopping, dining, and Pulpit Rock Park.
Both residences have their own fenced yard, creating separate outdoor areas for daily use or entertaining. Land extending beyond the rear fence reaches the property line and offers room for RVs, trailers, or other large vehicles. The property is near Academy Blvd with access to I-25, shopping, dining, and Pulpit Rock Park.
Key Highlights
- Two‑unit duplex with matching 3‑bedroom, 2‑bath layouts
- Each residence includes a fireplace, private deck, and fenced yard
- Upper‑level living areas connect to outdoor deck access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,212
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$724,240
$724.2K
Cap Rate 7%
$517,314
$517.3K
Cap Rate 9%
$402,356
$402.4K
Market Conditions
NOI Build-Up for 2,756 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$54.6K $19.80/SF
− Vacancy
−$2.8K −$1.03/SF
EGI
$51.7K $18.77/SF
− OpEx
−$15.5K −$5.63/SF
NOI
$36.2K $13.14/SF
Area
ZIP 80918
Vacancy
5.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$724,240
Cap Rate 7%
$517,314
Cap Rate 9%
$402,356
Alternative Uses
Best Use
Multifamily LT 5
$517.3K
$452.7K – $603.5K
NOI $36,212 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$478.9K
$419.0K – $558.7K
NOI $33,523 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$704.4K
$616.4K – $821.8K
NOI $49,308 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,003
Businesses Nearby
Explore this area
Business Placement
Demographics for 80918, CO
47,453
Population
20,447
Households
2.3
Avg Household Size
37
Median Age
38%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
3,954
Density / Sq Mi
$82,743
Median Household Income
$42,596
Median Earnings
$1,572
Median Rent
$414,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two matching units feature private decks, fenced yards, and flexible lower-level living areas.
Where is this duplex located?
The property is located at 6716 Hampton Dr Colorado Springs, CO.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Two‑unit duplex with matching 3‑bedroom, 2‑bath layouts; Each residence includes a fireplace, private deck, and fenced yard; Upper‑level living areas connect to outdoor deck access
