1415 S Corona Street, Colorado Springs, CO listed at $1,650,000

Date: 5/5/23

***Capital Property Group is pleased to announce the sale of 1415 S Corona Street, Colorado Springs, CO listed at $1,650,000, represented by Zach Hansen (Principal of Sales) and Chase Kobilca (Investment Advisor).***

Colorado Springs, Colorado — The Hansen Apartment Group is pleased to present the Corona Village Apartments.

The property is a ten (10) unit apartment building consisting of four – 2 bedroom/1 bathroom units and six – 1 bedroom/ 1 bathroom units. The property is located near the South Nevada Urban Renewal area, which has seen and continues to see significant improvements.

Each unit at Corona Village Apartments is separately metered for electric and master metered for gas. Rents are currently below market, providing investors an opportunity to immediately increase NOI with new management.

Management is currently not charging any RUBS, which would present another opportunity for an investor to increase revenue.

• Located 2 miles South of Downtown Colorado Springs
• Great unit mix of large 2 bedroom and 1 bedroom units
• Renovated units
• Property is well maintained
• Boiler replaced in 2019