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Key Facts

Type Multi Family
Levels Residential Income
Size 3456 sqft
Garage Yes
Taxes $2,554
Days Active 0
Lot Size 
Approx. Age 1984
Avg. Price Per Sqft $277
MLS® Number 2011515

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

***Quadplex in Highly Desirable Pleasant Valley Neighborhood*** Cushman & Wakefield is pleased to present an exceptional opportunity to acquire 504-516 Winnie Way, a well-maintained, four-unit multifamily asset located in the highly desirable Pleasant Valley neighborhood on the west side of Colorado Springs, CO. This property benefits from a prime infill location just minutes from some of the city's most iconic destinations, including Garden of the Gods, Old Colorado City, and Downtown Colorado Springs, offering residents unparalleled access to outdoor recreation, local dining, retail, and major employment hubs. Built in 1984, the property comprises four spacious 2-bedroom/1.5-bath units, each thoughtfully designed for functional living. With a total building area of 3, 456 square feet and an average unit size of approximately 864 square feet, the asset presents a balanced combination of scale, livability, and ease of management. Located in El Paso County, Colorado Springs continues to rank as one of the fastest-growing cities in the country, supported by a diversified economy with major employment drivers in the defense, aerospace, technology, and healthcare sectors. 504-516 Winnie Way offers investors stable in-place income with significant upside through rent increases and light interior upgrades as leases turn. With below-market rents and strong rental demand, the asset is well-positioned for value creation in a supply-constrained submarket. This offering represents an ideal opportunity for investors seeking a stabilized, low-maintenance multifamily asset with long-term growth potential in one of Colorado's most dynamic and resilient markets.Show Description
MLS® Number2011515
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1984
Basement
Driveway
Garage Spaces
HeatForced Air
A/C
Heating Fuel

Extras

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