321 Bonnie Court, Colorado Springs

$766,660

8 Beds
4 Baths
3,004 Sqft
0 Acres
0 Garages

Cushman & Wakefield is pleased to present 321 Bonnie Court, 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 eastside submarket of Colorado Springs, CO. The property offers all 2-bedroom, 1-bathroom apartment homes with some recent renovations. The property benefits from its close proximity to Powers corridor, Colorado Springs Airport, and Peterson Space Force Base. 321 Bonnie Court 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 this property is 100% occupied.

Essential Information
MLS® #9331420
Price$766,660
Bedrooms8
Bathrooms4.00
Square Footage3,004
Acres0.00
Year Built1970
TypeResidential Income
Sub-TypeQuadplex
StatusActive
Community Information
Address321 Bonnie Court
SubdivisionColorado Springs
CityColorado Springs
CountyEl Paso
StateCO
Zip Code80916
Interior
HeatingBaseboard
CoolingNone
StoriesTwo
Exterior
RoofArchitecural Shingle
School Information
DistrictColorado Springs 11
ElementaryBristol
MiddleHolmes
HighPalmer
Additional Information
Date ListedNovember 14th, 2023
ZoningPUD AO
Parking Spaces4
Listing Details
OfficeCushman & Wakefield
LISTING MAP

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