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.
Features
32 bedrooms
directions_car16 carspaces
14368 sq. ft. floor area
crop_free6750 sq. ft. lot size
cottageMulti-Family
Property history for 122 E Uintah St
2019
Sold
$580,000
02 Dec 2019 by Sara Smith, of Kenney & Company
2017
Sold
$425,000
27 Feb 2017 by Aaron Brewster, of Highest Point Inc
Happy sellers in Colorado Springs
~%
We have insufficient information to provide an overview of customer satisfaction for Colorado Springs. Viewing the agent profiles, reviews and sales for Colorado Springs can provide insights for this location.
Local market activity for 32 bedroom multi families in Colorado Springs
Sold
For Sale
View the listing for inspection times, agent contact details, and more.