6664 Provincial, Fountain, CO 80817

Fountain
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
6664 Provincial,Fountain, CO 80817
$650,000
  • 8 Beds
  • 4 Baths
  • 3,442 sq. ft.
  • Multi-family
  • Active
Listed by: andrew stephens
Office: modus real estate
MLS#:7311767
Source:ML

Price summary

  • Price:$650,000
  • Price per sq. ft.:$188.84

About this home

MODUS Real Estate is pleased to present 6664–6670 Provincial Dr, a 4-unit multifamily asset in Fountain, Colorado — the closest incorporated community to Fort Carson and a core rental market within the Colorado Springs MSA. The property is an all-two-bedroom quadplex totaling approximately 3,442 net rentable square feet, built in 1987. The asset is currently 95% occupied with in-place rents of $1,100/month, roughly 15% below the $1,295/month market rent supported by recent quadplex leasing in the immediate submarket. Executing a mark-to-market turn strategy alongside a RUBS utility bill-back drives NOI from $30,415 (T-12) to $42,568 (Year 1 pro forma) — approximately 40% NOI growth — expanding the going-in cap rate from 4.68% to a stabilized 6.55%. Demand is anchored by Fort Carson (~8 miles north; 26,000+ active-duty soldiers, ~40,000 family members, 57% living off-post) and reinforced by Peterson and Schriever Space Force Bases. As the newest asset among recent Provincial Dr...

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Home facts

  • Year built:1987
  • Subdivision & Development:Fountain Plaza North
  • Listing ID #:7311767

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Living area:3,442 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1987
  • Building area:3,442 sq. ft.
  • Construction Materials:Wood Siding
  • Levels:1 Story

Schools

  • High school:Mesa Ridge
  • Middle school:Watson
  • Elementary school:Venetucci

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$188.84
  • Tax amount:$3,804
MLS LogoBased on information submitted to the MLS GRID as of November 3, 2026 06:46 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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