Skip to main content

Multifamily

The Remington

3341 E Fountain Blvd, Colorado Springs, CO 80910

Listing Price: $4,620,000

Cap Rate
6.25%
Number of Units
42
GRM
10.15
Occupancy
69.0%
Price/Unit
$110,000
Price/Gross SF
$126.88
Gross SF
36,411

Investment Overview

The Remington is a 42-unit apartment complex located in Colorado Springs, Colorado. The property consists of a mix of one-bedroom and two-bedroom units. The property is well maintained and has gone through a full renovation over the years including unit renovations, new high efficiency boilers and common area improvements. The Remington is well located and within walking distance of numerous retail venues and transit. The main arterial road of South Academy Boulevard is just a few blocks away providing easy
access to employers, shopping and entertainment. This submarket is home to a large number of employers including a new Amazon facility, Colorado Springs airport and Peterson Space Force Base.

Investment Highlights

  • Ample Off-Street Parking
  • Newer Windows
  • Air-Conditioning
  • On-Site Laundry
  • Pitched Composition Shingle Roof
  • Complex has Solar Power System (Solar is only being used for common area)

Exclusively Listed By

Listing Price: $4,620,000

Cap Rate
6.25%
Number of Units
42
GRM
10.15
Occupancy
69.0%
Price/Unit
$110,000
Price/Gross SF
$126.88
Gross SF
36,411

Investment Highlights

  • Ample Off-Street Parking
  • Newer Windows
  • Air-Conditioning
  • On-Site Laundry
  • Pitched Composition Shingle Roof
  • Complex has Solar Power System (Solar is only being used for common area)

Investment Overview

The Remington is a 42-unit apartment complex located in Colorado Springs, Colorado. The property consists of a mix of one-bedroom and two-bedroom units. The property is well maintained and has gone through a full renovation over the years including unit renovations, new high efficiency boilers and common area improvements. The Remington is well located and within walking distance of numerous retail venues and transit. The main arterial road of South Academy Boulevard is just a few blocks away providing easy access to employers, shopping and entertainment. This submarket is home to a large number of employers including a new Amazon facility, Colorado Springs airport and Peterson Space Force Base.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower