Listing Details

Property Description

Rental opportunity in Stratton Meadows! Build your Colorado Springs portfolio with six recently updated and nicely maintained single family homes, all rented with long term tenants and professionally managed. Current rents total $10, 170 per month and $122, 040 annually, representing a 7.5% gross rental yield at the package price of $1, 627, 200. Start collecting rental income from day one with an established portfolio in one convenient location.

The package includes 1214 Harrison Rd, 1223 Rockwood Ave and 1311 Rockwood Ave, each with 796 square feet; 1312 Harrison Rd and 1313 Rockwood Ave, each with 894 square feet; and 1305 Rockwood Ave with 1, 090 square feet. Detached garages at 1311 Rockwood and 1312 Harrison provide room for two vehicles each, while 1305 Rockwood also includes a detached garage. Six individual homes offer tenants privacy and outdoor space across nearly one acre combined.

Convenient access to I25, downtown Colorado Springs and the shopping and dining along the growing South Nevada corridor adds to the appeal. Here is your opportunity to establish a strong presence in an evolving neighborhood with existing tenants, established management and income already in place!