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7520 Copper Range HtsColorado Springs, CO 80908

240-unit apartment complex, Colorado Springs

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a prime 2.16-acre development site in Colorado Springs, Colorado. The property, located at 7520 Copper Range Heights, 80908, boasts a total of 152,355 square feet and includes a 240-unit apartment complex built in 2017. The complex consists of nine, four-story buildings situated on a highly visible corner lot at the intersection of East Woodmen and Black Forest Road, a full-movement lighted intersection. This location offers unparalleled access to Colorado Springs' major thoroughfares, including the prominent East/West arterial, Woodmen Road, and is minutes from Powers Boulevard, the city's main retail corridor. The property is zoned PBC | PUD | AO and benefits from its position within a high-density residential area, adjacent to an existing 240-unit apartment complex. The land itself encompasses 576,299 square feet (13.23 acres) and is offered at a price of $14 per square foot. This presents a rare chance to acquire a substantial multifamily property in a thriving Colorado Springs location. The year built is 2017.

Highlights

  • Prime development opportunity at the northeast corner of East Woodmen and Black Forest Roads.
  • Exceptional location on Woodmen Road, a major east-west artery in Colorado Springs.
  • High-visibility site with a full-movement, lighted intersection.
  • Situated in a high-density residential area, adjacent to a 240-unit apartment complex.
  • Minutes from Powers Boulevard, Colorado Springs' main retail corridor.
  • $14 per square foot purchase price.

Property Details for 7520 Copper Range Hts

Property type
Retail properties, Apartment buildings
Square Feet
152,355 SF
Year Built
2017
Buildings
9
Stories
4
Lot Size (sq. ft)
94,090 SF
Units
240

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.9422163
Longitude
-104.7000091
7520 Copper Range Hts, Colorado Springs, Colorado

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7520 Copper Range Hts
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