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1512-1518 S Corona Ave
Colorado Springs, CO 80905 Stratton Meadows

$2,175,000 USD

Apartments For Sale • 6,055 SF

Property Details

Property Type Apartments
Total Building Size 6,055 SF
Lot Size 0.75 AC
Building Class C
Year Built 1954
Zoning MX-M

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                •	14-Unit Stabilized Multifamily Asset (100% Occupied)
                            
                                •	$17,965 Total Monthly Rents (Incl. Pet Rent)
                            
                                •	$192,080 Trailing 12-Month NOI
                            
                                •	8.8% In-Place Cap Rate
                            
                                •	Turnkey Renovation – All units remodeled and all major Systems Updated (2024–2025)
                            
                                •	RUB Utility Reimbursement System Enhances NOI Stability

Public Transportation

Airport	Drive	Walk	Distance
City of Colorado Springs Municipal	21 min	-	10.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	28
Type:	Surface
Included in Rent:	Yes

Aaron Moore 719-287-8881 Kenney & Company

1512-1518 S Corona Ave Colorado Springs, CO 80905 Stratton Meadows

$2,175,000 USD

Property Details

Highlights

Public Transportation

Parking Details

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1512-1518 S Corona Ave
Colorado Springs, CO 80905 Stratton Meadows