Listing courtesy of: Will McCauley, Unique Properties LLC
Assumed Rate
Principal & Interest
2115 Preuss Rd, Colorado Springs is a 4-unit apartment building, including two large two bedroom, one-bathroom and two large three-bedroom, one-bathroom residences. Built in 1969 with classic wood frame construction and a composition shingle pitched roof, this property has undergone a complete renovation in 2024, featuring new flooring, white shaker cabinets, stainless steel appliances, countertops, and new tile bathrooms and vanities. No expense was spared in the tasteful improvements. The property was improved with several capital expenditure upgrades, including new windows, a refreshed painted exterior, and a perimeter fence. Additional enhancements in 2025 include an electric panel replacement, a newly paved driveway, sidewalk, and patio area, as well as xeriscaping for improved curb appeal and low-maintenance landscaping. This property also comes equipped with a wireless security camera system. Each unit offers additional storage units for personalized comfort. With its prime location, 2115 Preuss Rd presents a turnkey investment opportunity with immediate cash flow. This property offers a 7.73% cap rate and 9.32% cash-on-cash return!
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Fill out an application to explore financing options for assuming this loan.
You cover the entire equity of $122,874!
Enter a smaller amount if you prefer to use secondary financing.
*Secondary financing rates are an estimated value based on input
MLS ID: REC9943254
Listing From: recolorado
Last updated: 2025-04-11T00:13:20.000Z
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Assumed Rate
Principal & Interest
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
You cover the entire equity of $122,874!
Enter a smaller amount if you prefer to use secondary financing.
*Secondary financing rates are an estimated value based on input
© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than American Allstar Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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