3960 Stonedike Drive, Colorado Springs, CO 80907
Local realty services provided by:ERA New Age
3960 Stonedike Drive,Colorado Springs, CO 80907
$650,000
- 8 Beds
- 4 Baths
- 3,400 sq. ft.
- Multi-family
- Active
Listed by: nic polaskiNic.Polaski@cushwake.com,719-238-9074
Office: cushman & wakefield
MLS#:3598101
Source:ML
Price summary
- Price:$650,000
- Price per sq. ft.:$191.18
About this home
***Incredible Investment Opportunity***3960 Stonedike Drive in Colorado Springs, Colorado, represents a compelling opportunity to acquire a stabilized multifamily asset in one of the state’s most dynamic rental markets. This well positioned property offers four spacious 2 Bed/1 Bath units featuring updated windows, functional layouts, and on-site laundry facility. Strategically located near key employment hubs, major transportation corridors, and retail centers, the property benefits from strong renter demand and minimal vacancy risk. The surrounding neighborhood continues to experience robust population and economic growth, supporting consistent rent appreciation and long-term value stability. This asset provides investors with a reliable income stream and potential for continued rent growth, supported by the region’s constrained housing supply and downward trending occupancy rates. With no need for professional management and limited near-term capital needs, 3960 Stonedike Drive offers both operational efficiency and scalability within a resilient submarket. The property’s strong fundamentals, attractive location, and positive market outlook make it an ideal acquisition for investors seeking a secure, cash-flowing multifamily investment in the Colorado Springs market.
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Home facts
- Year built:1980
- Listing ID #:3598101
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Living area:3,400 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Shingle
- Year built:1980
- Building area:3,400 sq. ft.
- Lot area:0.21 Acres
Schools
- High school:Coronado
- Middle school:Holmes
- Elementary school:Jackson
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$191.18
- Tax amount:$2,492 (2024)
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