Unique Properties is pleased to present 17 University Drive, a classic Colorado Springs 4-Plex offering spacious and well-maintained 2-bedroom, 1-bathroom units. Two of the units have recently been upgraded with modern kitchen cabinets and countertops, while the remaining units provide immediate potential for appliance upgrades and kitchen renovations to enhance appeal and increase future income. Additionally, the attached storage closet, equipped with existing hookups, offers an opportunity to add on-site laundry facilities. The building’s exterior is in excellent condition, requiring no upfront investment. This property presents a great opportunity, synergizing a well-maintained building that has a great potential for value enhancement.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
