Investment Overview

Marcus & Millichap is pleased to present The Bonfoy Apartments, an excellent investment opportunity located in the heart of downtown Colorado Springs. This well-maintained, 32-unit multifamily asset is ideally situated within walking distance of Memorial Park and offers convenient access to the city's most desirable amenities. The property features a diverse unit mix of eight studio apartments, each measuring 400 square feet, eighteen one-bedroom and one-bathroom units, each measuring 575 square feet, and six two-bedroom and one-bathroom units, each measuring 820 square feet. Several capital improvements have been made to enhance the property’s long-term value, including a resurfaced parking lot, new railings and stairs and upgraded boilers. Likewise, improvements have been made to enhance the interior like vinyl plank flooring, spacious closets, stainless-steel appliances and bathrooms with contemporary fixtures.