Southmoor Dr Fountain, CO 80817
- Multifamily properties
- 355,300 SF
- 60.86 lot acres
Current Use by Public Records
- Multifamily properties
Property Details for Southmoor Dr
- Year built
- 2024
- Lot size
- 60.86 lot acres
- Property size
- 355,300 SF
- Property type
- Multifamily properties
Description
This exceptional investment opportunity presents a portfolio of 209 newly constructed homes situated in the desirable Riverbend Crossing subdivision of Fountain, Colorado. Located near Fort Carson and Colorado Springs, this property boasts a prime location offering convenient access to major employment centers, military bases, and recreational amenities. The expansive 60.86-acre site provides ample space and potential for future development. The total square footage across all homes is 355,300 square feet. This portfolio sale presents a unique chance to acquire a substantial multifamily asset in a thriving market. The homes themselves offer a variety of customizable floor plans, sizes, and finishes, catering to a diverse range of potential residents. The property's designation as an Opportunity Zone further enhances its investment appeal, offering significant tax advantages. This is an exceptional opportunity for investors seeking a high-yield, low-risk investment in a rapidly growing area. The scale of this development, coupled with its strategic location and customizable features, positions it for strong rental income and long-term appreciation. Detailed financial information and property specifics are available upon request. This is a turnkey investment ready for immediate income generation. Don't miss this chance to acquire a significant multifamily portfolio in a highly sought-after Colorado location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fountain
- County
- El Paso
- State
- Colorado
- Longitude
- -104.733
- Latitude
- 38.7337
