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25 31St St Colorado Springs, CO 80904

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For Sale
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24-Unit Multifamily Investment

Property size:
18,192 SF

Property Features for 25 31St St

General Information

Property type
Multifamily properties
Square Feet
18,192 SF
Lot Size
28,314 SF

Building Details

Year Built
1972
Units
24

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Listing Contact
Austin Smith
Austin Smith

Listing Agency: MMG Listing Agent: Austin Smith

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Westside Station, a 24-unit apartment building in desirable Old Colorado City, Colorado Springs (80904), presents a compelling investment opportunity. This 18,192 square foot property, situated on 0.65 acres, offers a diverse unit mix: predominantly two-bedroom units, supplemented by seven one-bedroom units and a single studio. All units have undergone recent renovations, boasting granite countertops, contemporary cabinetry, stainless steel appliances, and new luxury vinyl plank (LVP) flooring. The property's prime location provides residents with convenient access to a vibrant neighborhood featuring numerous restaurants, bars, and entertainment venues, all within walking distance. Ample tenant parking is available. Recent exterior improvements include fresh paint, and the property also features a communal BBQ area and a private dog park for residents' enjoyment. Built in 1972, this well-maintained multifamily asset benefits from its location adjacent to Garden of the Gods Park and represents a strong investment in a thriving Colorado Springs submarket. The property's combination of updated units, desirable location, and attractive amenities makes it an exceptional opportunity for investors seeking a well-positioned, high-performing multifamily asset.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Westside Station Apartment Building

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Colorado Springs
County
El Paso
State
Colorado
Longitude
-104.87114084174
Latitude
38.854046111261

FAQs

What type of property is this?
Multifamily property - 24-Unit Multifamily Investment
Where is this multifamily property located?
The property is located at 25 31St St Colorado Springs, CO.
What are key features of this property?
This property features: Diverse unit mix: Predominantly two-bedroom units, plus seven one-bedrooms and one studio.; Renovated units: Granite countertops, modern cabinetry, stainless steel appliances, and new LVP flooring.; Prime location: Highly desirable Old Colorado City, walkable to restaurants, bars, and entertainment.
(303) 918-8909 Call to check price and availability
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