4331 Ericson Dr, Colorado Springs, CO, 80906

4331 Ericson Dr Colorado Springs, CO 80906

4331 Ericson Dr, Colorado Springs, CO, 80906
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$675,000
Last Verified:
Nov 10, 2024

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Description

Introducing a prime investment opportunity in the Colorado Springs area: a meticulously maintained 2,955 SF multifamily property boasting 4 units, all currently at maximum occupancy, offering immediate income potential.

Colorado Springs is a vibrant city known for its breathtaking natural scenery, including the iconic Pikes Peak and Garden of the Gods. It combines a rich outdoor lifestyle with a thriving cultural scene, offering residents a blend of rugged mountain beauty and modern conveniences.


Year Built: 1971
Building Size: 2955sq ft
Building Class: C
Lot Size: 0.16 acres


Documents

Sandberg | Monette Team - Offering Memorandum (L)

Map of 4331 Ericson Dr, Colorado Springs, CO, 80906

Presented by:
Pinnacle Real Estate Advisors

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Corey Sandberg


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What are Real Estate Incentives?

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.