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5525 Bowden Loop

Colorado Springs CO 80915

6
3536 sq. ft.
Other
Currently for sale - view listing

Overview

MMG Real Estate Advisors is pleased to present 5525 Bowden Loop, a 4-unit multifamily property located in the Rustic Hills neighborhood on the east side of Colorado Springs, Colorado - the state's second-largest city, roughly 70 miles south of Denver. Situated just off Palmer Park Boulevard and Space Center Drive along the Powers Boulevard / Academy Boulevard retail corridor, the property offers a small-scale, turnkey value-add opportunity in a supply-constrained workforce-housing submarket. With one unit already turned and achieving proven rent premiums, incoming ownership can capture significant loss-to lease recapture by systematically upgrading the property's remaining classic units.

Features

6 carspaces
6 garage spaces
3536 sq. ft. floor area
Other

Property history for 5525 Bowden Loop

2021
Sold
$680,000
08 Dec 2021
2016
Sold
$265,000
29 Jan 2016 by Matt Tolooee

Happy sellers in Colorado Springs

88%
88% of sellers in Colorado Springs reported that their sale price either exceeded or met their price expectations.

Colorado Springs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Colorado Springs over the last 12 months.

Local market activity for other properties in Colorado Springs

In the last 12 months, 16 other properties similar to 5525 Bowden Loop, have been sold.

This represents a 66% decrease in other properties sales when compared to the previous 12 months.

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