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129 Wellington St
Fountain, CO 80817

$790,000 USD

Apartments For Sale • 4,242 SF

Property Details

Property Type Apartments
Total Building Size 4,242 SF
Lot Size 0.3 AC
Building Class C
Year Built 1986
Zoning R-2, Fountain

10 Transit Score

20 Walk Score

                
                    Highlights
                
                                Fully stabilized asset with strong in-place rents 
                            
                                Turnkey investment featuring significant recent capital improvements
                            
                                Extensive upgrades include six full unit renovations, updated plumbing systems, and newer roof completed in 2022
                            
                                Tenants currently pay all electric utilities, minimizing owner expense exposure
                            
                                Future RUBS or utility bill-back opportunity to increase NOI
                            
                                Desirable unit mix caters to workforce housing demand and long-term tenant stability

Amenities

Microwave
Kitchen
Hardwood Floors
Refrigerator
Oven
Tub/Shower
Carpet
Dining Room
Handrails
Porch

Public Transportation

Airport	Drive	Walk	Distance
City of Colorado Springs Municipal	28 min	-	14.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Nic Polaski 719-238-9074 Cushman & Wakefield

129 Wellington St Fountain, CO 80817