Investment Overview

Marcus & Millichap is pleased to present 1010 Delaware Dr in Colorado Springs, CO. This well-maintained, 18-unit apartment community features a unit mix of six one-bedroom, one-bathroom units measured at 575 square feet each and twelve two-bedroom, one-bathroom units each measuring 725 square feet. Near Downtown Colorado Springs and Citadel Mall, the property offers an ideal location close to the metro’s most popular amenities. Additionally, the asset has undergone significant capital improvements, including recent upgrades to 70% of the units, installation of commercial grade security cameras, and new efficiency water heater. The interior has also received improvements in the form of new flooring, modernized appliances, and updated kitchen fixtures. A strong foundation of recent capital improvements and a thriving local rental market reflects this apartment asset's strong position as an investment opportunity.