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Multifamily Investment Property for Sale (16 Old Crystal Park Road) (Manitou Springs)

16 Old Crystal Park Road, Manitou Springs, CO 80829

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16 Old Crystal Park Road near Crystal Park Road

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FOR SALE: 16 Old Crystal Park Road

$1,200,000 (Sale) 16 Old Crystal Park Road, Manitou Springs, CO 80829  

Property Listing

https://www.hoffleigh.com/listing/16-old-crystal-park-road/

Property Details

  • Property Type: Multifamily
  • Building Size: 2,464 SF
  • Lot Size: 0.425 Acres
  • Zoning: C

Overview

This rare multifamily building features six (6) 1 bed / 1 bath units, right in the heart of Manitou Springs, Colorado! Some units have been renovated with new flooring and paint as they have been turned. With short term and M-T-M leases, it’s perfect for long term ownership, a full renovation and/or even the possibility of short-term rentals! The building is commercially zoned and offering redevelopment opportunities.

Location Overview:
Manitou Springs, Colorado, is a compelling location for investors due to its status as a popular tourist destination with attractions like Pikes Peak, the Manitou Incline, and the Manitou Cliff Dwellings, causing an increasing demand for short-term rentals. The town’s proximity to Colorado Springs, coupled with limited new developments, creates a high demand for housing while limiting supply. These factors, along with a strong community, quality of life, and a robust rental market, make Manitou Springs an attractive option for investors seeking growth potential and stability in a scenic and culturally rich area.    

Highlights

  • Six (6) Units (1 Bed/1 Bath)
  • Commercially Zoned
  • Redevelopment Opportunity
  • Short Term Leases
  • Rare Opportunity

For more information on this property or if you would like to set up a time for a showing call Hoff & Leigh at (719) 630-2277.

post id: 7746970703

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