See Home Value
$692,500
Multifamily - Off Market

311 University Drive

Colorado Springs, CO 80910
bedrooms
11 Beds
bathrooms
7 Baths
square feet
4508 Sqft
$3,573
Estimated Monthly
$0
HOA / Fees

About This Property

This property consists of a total of 5 units including; two 2 bed/2 bath units, two 2 bed/1 bath units & one 3 bed/1.5 bath unit. Two of these units are currently vacant and have all been recently renovated. Current vacancy is due to the renovation, yet this allows the new buyer an opportunity to gain control of the rents of three units upon sale of this property. This property features plenty of off street parking, on site washer & dryer and spacious living areas. The property is also within close proximity to Valley Hi Golf Course and Memorial Park. Call us today to learn more about this great investment opportunity. Please DO NOT use the Showing Time app to schedule showings, call Nic Polaski directly.
Unit Size
4,508Ft²
Days on Market
119 days
Land Size
-
Price per sqft
$155
Property Type
Multifamily
Property Taxes
$135
HOA Dues
-
Year Built
1974
Last updated: 16 days ago (REcolorado MLS #REC7234358)

Price History

Date / Event Date Event Price
Feb 29, 2024 Sold $692,500
Sold
Nov 2, 2023 Listed by Cushman & Wakefield $699,995
Listed by Cushman & Wakefield

Property Highlights

Parking Details
Total Number of Parking: 5
Exterior Details

Property Information

Property Type: Residential Income
Property Sub Type: Quadplex
Year Built: 1965

Building Information

Levels: Two
Structure Type: Quadruplex
Building Area Total: 4508
Construction Methods: Brick, Wood Siding
Roof: Architecural Shingle


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
8 Beds
4 Baths
3,564 ft²
$189/ft²
$675,000 Feb 25, 2024
-
$95/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231102
11/02/2023
11 Bed
7 Bath
4508 ft²
$699,995
bedrooms
11 Bed
bathrooms
7 Bath
square feet
4508 ft²
$692,500 -1.07%
02/29/2024
-
Nic Polaski
Cushman & Wakefield

Building Info

311 University Drive 311 University Drive, Colorado Springs, CO 80910
More about this Building
311 University Drive
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About Southeast Colorado Springs


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