10-Unit in Colorado Springs, CO
I just got a 10-unit apartment deal under contract in Colorado Springs and am putting together a small group of investors. Purchase price: $1.25M 100% occupied Strong day-one cash flow Clear path to increase NOI from ~$99K to $120K+ Located near downtown redevelopment with solid rental demand. We’re targeting:• 8% preferred return• Profit split + equity upside Looking for a few partners to help complete the equity. If you’re open to taking a look, message me and I’ll send details.