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.
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2 comments
Ardele Steele
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10-Unit in Colorado Springs, CO
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