25 31St StColorado Springs, CO 80904

Property Details for 25 31St St

Year built

1972

Lot size

0.65 AC

Property size (Sq ft)

18,192 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

Westside Station, a 24-unit apartment building in desirable Old Colorado City, Colorado Springs (80904), presents a compelling investment opportunity. This 18,192 square foot property, situated on 0.65 acres, offers a diverse unit mix: predominantly two-bedroom units, supplemented by seven one-bedroom units and a single studio. All units have undergone recent renovations, boasting granite countertops, contemporary cabinetry, stainless steel appliances, and new luxury vinyl plank (LVP) flooring. The property's prime location provides residents with convenient access to a vibrant neighborhood featuring numerous restaurants, bars, and entertainment venues, all within walking distance. Ample tenant parking is available. Recent exterior improvements include fresh paint, and the property also features a communal BBQ area and a private dog park for residents' enjoyment. Built in 1972, this well-maintained multifamily asset benefits from its location adjacent to Garden of the Gods Park and represents a strong investment in a thriving Colorado Springs submarket. The property's combination of updated units, desirable location, and attractive amenities makes it an exceptional opportunity for investors seeking a well-positioned, high-performing multifamily asset.

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.854

Longitude

-104.871

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