Residential Income · Active
Colorado Springs, CO 80903
32 Beds · 11 Baths · 14,368 Sq Ft
$2,750,000
Multi Family
Property Type
0.16 acres
Lot Size
1895
Year Built
$191
Price per Sq Ft
16
Parking Spaces
3517240
MLS #
About This Property
Rare Colorado College Student Housing Investment Opportunity! This turnkey, five-property portfolio offers an exceptional opportunity to acquire an established student housing operation just blocks from Colorado College in the heart of Colorado Springs. Featuring 32 rented rooms across five homes, the portfolio offers an approximate 9% cap rate, established rental history, and a proven room-by-room leasing model designed to maximize income potential.
The portfolio includes 1127 N Wahsatch Avenue, 1204 N Weber Street, 1127 N Weber Street, 316 E Uintah Street, and 122 E Uintah Street. Each property offers convenient access to the Colorado College campus, creating an attractive housing option for students seeking off-campus accommodations.
The portfolio benefits from an established rental model, with individual leases that align with the academic calendar. Its location near Colorado College positions these properties within a concentrated student rental market, with convenient access to campus, downtown Colorado Springs, dining, and neighborhood amenities. With 32 rooms spread across five properties, investors benefit from multiple income streams rather than reliance on a single tenant.
Offered as a complete package, this student housing portfolio provides immediate income potential without the time and complexity of assembling individual investment properties. The established operating history provides valuable insight into rental performance, while the portfolio's scale offers an opportunity to acquire a meaningful position in the Colorado College student housing market. With five established rental homes in a highly desirable location near campus, this is a compelling opportunity for investors seeking a specialized, income-producing real estate asset.
Five properties. 32 rentable rooms. One exceptional investment opportunity. Financials, rent rolls, and additional property details available upon request.
9 days on market
Listed by Jed Johnson & Tiffany Hyden GRI MRP · Exp Realty LLC · 888-440-2724
Property Details
| Property Type | Residential Income |
| Sub Type | Multi Family |
| Status | Active |
| Price per Sq Ft | $191 |
| MLS # | 3517240 |
| Days on Market | 9 |
| Bedrooms | 32 |
| Year Built | 1895 |
| Lot Size (Sq Ft) | 6,750 |
| Acres | 0.155 |
| Annual Taxes | $2,755 |
| Tax Year | 2025 |
| State | CO |
| County | El Paso |
| Heating | Baseboard, Hot Water, Natural Gas, Other, See Prop Desc Remarks |
| Cooling | None |
| Appliances | Oven, Refrigerator |
| Total Parking | 16 |
| Basement | Full Basement |
| Construction | Frame |
| Sewer | Sewer |
| Water Source | Public |
| New Construction | No |
| Listing Terms | Cash, Conventional, Other |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 11/2/2026 |
Listed for sale Source: elevateMLS #3517240 |
$2,750,000 $191/sqft |
| 11/1/2026 |
Listed for sale Source: REcolorado® #5501427 |
$2,750,000 +374.1% $191/sqft |
| 12/2/2019 |
Sold Source: elevateMLS #6965515 |
$580,000 -3.3% $40/sqft |
| 9/11/2019 |
Listed for sale Source: elevateMLS #6965515 |
$600,000 +41.2% $42/sqft |
| 2/27/2017 |
Sold Source: elevateMLS #2399277 |
$425,000 -1.2% $30/sqft |
| 1/24/2017 |
Listed for sale Source: elevateMLS #2399277 |
$430,000 $30/sqft |
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