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17-Unit Condo Portfolio – Income-Producing Short-Term Rental Opportunity

$2,400,000

411 Lakewood Circle, Colorado Springs, CO 80910

Active
Last Updated: 04/15/2025

6.5

Cap Rate

156,000

NOI

Details:
Cap Rate:    6.5%
NOI:    $156,000
Occupancy:    100%
Units:    17
Year Built:    1969
Floors:    12
Monthly Rent:    24,975
HOA Fees:    12168
Pool:    Yes
Highlights:
  • Seller Financing Available
  • Short Term Rental available per HOA
  • Pool on-site
  • Elevator on-site
  • Restraunt on-site
  • Salon on-site
Description:

Unlock the potential of this rare 17-unit condo portfolio, perfectly positioned for investors seeking strong income potential and long-term appreciation. Featuring a diverse mix of studio, 1-bedroom, and 2-bedroom units, this turn-key portfolio is ideal for short-term rental use, with flexible zoning and a proven track record for profitability.

Each unit is thoughtfully designed for modern comfort, with updated finishes, open layouts, and natural light throughout. Whether catering to vacationers, digital nomads, or long-term tenants, these units are poised to deliver.

On-Site Amenities Include:

Resort-style Pool – Perfect for guests to relax and unwind

Full-Service Hair Salon – Convenient and stylish touch for residents and visitors

On-Site Restaurant – Dining options just steps away

Mixed-Use Business Offices – Ideal for remote workers or local entrepreneurs

Located in a high-demand area with strong rental comps and year-round appeal, this portfolio offers versatility, scalability, and steady cash flow from day one. Whether you're expanding your short-term rental business or looking for a strategic multifamily acquisition, this offering checks every box.

Don’t miss this opportunity to own a unique, amenity-rich, income-producing property in a thriving market.

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