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$2,400,000
11 Days Online

3925 E San Miguel Street
Colorado Springs, CO 80909

For Sale|Multi-Family|Active
County:
El Paso

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

3925 E San Miguel Street3925 E San Miguel Street3925 E San Miguel Street3925 E San Miguel Street
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The Greenbriar Apartments is a meticulously maintained 16-unit apartment complex boasting a diverse unit mix of one- and two-bedroom units. Currently self-managed, the community presents a unique opportunity for new ownership to increase Net Operating Income (NOI) through rent adjustments, as long-term tenants on month-to-month leases are below nearby market comparables. Strategically located in the heart of Colorado Springs, residents enjoy quick access to Downtown, the Colorado Springs Airport, Citadel Shopping, and Palmer Park. The Greenbriar Apartments’ rent growth potential and prime location present an attractive investment opportunity for investors seeking both stability and value-add potential. 1. Strong unit mix: half are one-bed units and the other half are two-beds 2. Well-maintained asset with no Cap-Ex anticipated 3. Centrally located in Colorado Springs 4. Recently paved driveway leading to off-street parking lot 5. Current rents below nearby market comparables 6. All leases are month-to-month

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Listing Snapshot
Price 
$2,400,000
Days Online 
11 Days
Bedrooms 
N/A
Inside Area (SqFt) 
13,574 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.55 Acres
Year Built 
1965
MLS® Number 
9644578
Status 
Active
Property Tax 
$6,102
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen online
General Features
Construction 
Brick
Parking Spaces 
16
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
0.55
Property Sub Type 
Multi Family
Garage Spaces 
0
Attached Garage 
No
Zoning 
R5
Interior Features
Fireplace 
No
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Exterior Features
Spa 
No
Waterfront Property 
No
Listing courtesy of Kaufman Hagan 720-984-0419



The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO real estate listings held by brokers other than Kaufman Hagan are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Neighborhood & Commute
Source: Walkscore
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