$766,660 Price Analysis   ♡   Colorado Springs, CO 80907 8 bed 4 bath 3,741 SqFt ($204/SqFt) Built 1971 Listed 2023-08-22, Taxes $1,702 | Ⓧ USDA Ineligible due to price & location near Colorado Springs |
Cushman and Wakefield is pleased to present 3810 Scott Lane a quadraplex in Colorado Springs
CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. This exciting opportunity, comprised of 4 units, is located in the thriving northside submarket of Colorado Springs, CO. The property offers all 2-bedrom, 1-bathroom apartment homes with some recent renovations.
The property benefits from its close prox imity to Interstate 25, Garden of the Gods, University Village and UCCS. 3810 Scott Lane is perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. All units do have approximately $125 in RUBS and currently the property is 100% occupied.
Presented by Nic Polaski at
Cush & Wakefield.
Property MLS #1821552 from REcolorado
Full Bathrooms: 4
Elementary School District: Colorado Springs 11
High School: Doherty
High School District: Colorado Springs 11
Middle School: Holmes
Middle or Junior School District: Colorado Springs 11
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: El Paso
Tax Year: 2022
Source Property Type: Residential Income
Source Neighborhood: Colorado Springs
Owner Pays: Gas, Trash Collection, Water
Parcel Number: 63293-13-030
Subdivision: Colorado Springs
Zoning: R5
Property Subtype: Quadplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $25,170 + $3,690 $28,860 | $1,702 |
| 2020 | $19,290 + $2,910 $22,200 | $1,506 |
| 2019 | $19,290 + $2,910 $22,200 | $1,498 |
| 2018 | $15,920 + $2,550 $18,470 | $1,355 |
| 2017 | $15,920 + $2,550 $18,470 | $1,283 |
| 2016 | $14,890 + $2,570 $17,460 | $1,012 |
| 2015 | $14,890 + $2,570 $17,460 | $1,008 |
| 2014 | $12,360 + $2,570 $14,930 | $898 |
| 2013 | $12,360 + $2,570 $14,930 | $913 |
| 2011 | $12,360 + $2,570 $14,930 | $908 |
| 2010 | $12,360 + $2,570 $14,930 | $1,173 |
| 2009 | $16,870 + $3,020 $19,890 | $1,161 |
| 2008 | $16,870 + $3,020 $19,890 | $1,180 |
| 2007 | $16,870 + $3,020 $19,890 | $1,208 |
$766,660
REcolorado
Listed 2023-08-22
$800,000
REcolorado
Sold 2021-12-22
$4,150,000
Public Record
Listing removed 2018-10-19
$825
ShowMojo
Listed for rent 2018-09-27
$825
ShowMojo
Sold 2015-01-16
$250,000
Public Record
Listing removed 2014-12-10
$265,000
PikesPeakMLS
Listed 2014-10-03
$265,000
PikesPeakMLS
Listing removed 2009-10-18
$259,900
PikesPeakMLS
Listing removed 2009-02-21
$259,900
PikesPeakMLS
Listed 2008-04-24
$259,900
PikesPeakMLS
Sold 2004-04-13
$249,000
Public Record
Year Built: 1971
Above Grade Finished Area: 3741
Common Walls: 2+ Common Walls
Construction Materials: Brick, Stucco, Vinyl Siding
Levels: Two
Property Age: 53
Property Attached: Yes
Roof: Architectural Shingles
Structure Type: Quadruplex
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.