5525 Bowden, Colorado Springs, CO 80915
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
Listed by: jason koch
Office: mmgrea llc.
MLS#:8668563
Source:ML
Price summary
- Price:$595,000
- Price per sq. ft.:$168.27
About this home
MMG Real Estate Advisors is pleased to present 5525 Bowden Loop, a 4-unit multifamily property located in the Rustic Hills neighborhood on the east side of Colorado Springs, Colorado — the state's second-largest city, roughly 70 miles south of Denver. Situated just off Palmer Park Boulevard and Space Center Drive along the Powers Boulevard / Academy Boulevard retail corridor, the property offers a small-scale, turnkey value-add opportunity in a supply-constrained workforce-housing submarket. With one unit already turned and achieving proven rent premiums, incoming ownership can capture significant loss-to lease recapture by systematically upgrading the property's remaining classic units.
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Home facts
- Year built:1983
- Subdivision & Development:Village Seven
- Listing ID #:8668563
Rooms and interior
- Living area:3,536 sq. ft.
Heating and cooling
- Heating:Floor Furnace
Structure and exterior
- Year built:1983
- Building area:3,536 sq. ft.
- Construction Materials:Stucco
- Levels:2 Story
Schools
- High school:Air Academy
- Middle school:Peakview Academy at Conrad Ball
- Elementary school:Academy Endeavor
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$595,000
- Price per sq. ft.:$168.27
- Tax amount:$2,336
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