122 E Uintah St, Colorado Springs, CO 80903

$2,750,000

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Courtesy of Exp Realty LLC. 888-440-2724

List Price
$2,750,000
Status
ACTIVE
Days on Market
1
MLS#
3517240
Subtype
Income
Year Built
1895
Lot Size
6,750
Acres
0.16
Neighborhood
Richard C Bristols

Property Description

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.

Additional Information

Taxes
$2,754
Appliances
Oven, Refrigerator
Heating
Baseboard, Hot Water, Natural Gas, Other, Other
Air Conditioning
None
School District
Colorado Springs 11


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