1512-1518 S Corona Ave

1512 S Corona Ave, Colorado Springs, CO 80905

  • For Sale $2,240,000
  • Property Type Multi-Family
  • Property Size 6,055 SF
  • Units 14
  • Lot Size 0.75 Acre
  • Additional Rent Contact for pricing
  • Building Class C
  • Year Built 1954
  • Year Renovated 2024
  • Date Updated Sep 10, 2024
1512-1518 S Corona Ave1512-1518 S Corona Ave, Colorado Springs is a 14-unit apartment building, comprised of 14 one -bedroom, one - bathroom residences. Built in 1969 with classic wood frame construction and a composition shingle pitched roof, this property has undergone a complete renovation in 2024, featuring new flooring, white shaker cabinets, stainless steel appliances, countertops, and new tile bathrooms and vanities. No expense was spared in the tasteful improvements. The property was improved with several capital expenditure upgrades over the last 6 months with new windows, a refreshed painted exterior, new roofs and a perimeter fence. This property also comes equipped with a wireless security camera system and high speed internet. With its prime location 1512-1518 S Corona Ave presents a turnkey investment opportunity with immediate cashflow. This property offers a 7.02% cap rate and 5.93% cash on cash return! For investors looking for more scale this ownership group is also offering 903 Boggs Pl, 2123 Preuss Rd, 2115 Preuss Rd, 2135 Preuss Rd, and 3445 Cochran Dr, Colorado Springs.

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Attachments

Contacts

broker

Will McCauley

Unique Properties

Location

Getting Around

  • Walk Score ®

    73/100 Very Walkable

  • Transit Score ®

    36/100 Some Transit

  • Bike Score ®

    74/100 Very Bikeable
Powered by Walk Score ®
  • City Colorado Springs, CO
  • Neighborhood Spring Creek
  • Zip Code 80905
  • Market Denver

Points of Interest

  • Manitou Springs

    6.82 miles

  • Maverick

    0.33 miles

  • Everyday Fuel

    0.38 miles

  • Tesla Supercharger

    0.69 miles

  • ChargePoint

    1.01 miles

  • 7-Eleven

    1.28 miles

  • ChargePoint

    1.39 miles

  • Phillips 66

    1.65 miles

  • Conoco

    1.75 miles

  • Tesla Supercharger

    1.80 miles

  • Maverik

    2.37 miles

  • Ivywild Front Parking

    0.49 miles

  • El Paso County Parking Structure - Costilla Garage

    1.19 miles

  • El Paso County Professional Parking Structure

    1.20 miles

  • El Paso County Juror Parking

    1.27 miles

  • El Paso County Parking Structure - Sahwatch Garage

    1.36 miles

  • City Administration Building Parking Garage

    1.39 miles

  • Fire Department Parking

    1.42 miles

  • Conover Building Parking

    1.44 miles

  • First Baptist Church of Colorado Springs Parking

    1.56 miles

  • Mountain Metro Terminal and Public Parking

    1.58 miles

  • Sun Springs Motel

    0.21 miles

  • Circle S Motel

    0.25 miles

  • Stagecoach Motel

    0.26 miles

  • TravelStar Inn & Suites

    0.29 miles

  • Howard Johnson by Wyndham Colorado Springs

    0.37 miles

  • Chateau

    0.42 miles

  • Nevada Motel

    0.58 miles

  • Travel Inn

    1.00 miles

  • Travelers Uptown Motel

    1.05 miles

  • Kinship Landing

    1.07 miles

  • Taco Bell

    0.21 miles

  • KFC

    0.21 miles

  • Wendy's

    0.21 miles

  • Dunkin'

    0.21 miles

  • Subway

    0.26 miles

  • Yakitori Japanese

    0.28 miles

  • Tokyo Joes

    0.29 miles

  • Five Guys

    0.29 miles

  • Chick-fil-A

    0.30 miles

  • Smashburger

    0.31 miles

  • The Vanguard School

    0.26 miles

  • Cheyenne Mountain Charter Academy

    0.30 miles

  • Stratton Meadows Elementary School

    0.51 miles

  • Pike's Peak Prep

    1.05 miles

  • Mountain Vista Home School Academy

    1.12 miles

  • Paul Mitchell - The School

    1.54 miles

  • Life Skills Center

    1.56 miles

  • Immanuel Lutheran School

    1.56 miles

  • University of Phoenix

    1.60 miles

  • University of Phoenix

    1.66 miles

  • Early Connections Learning Center

    1.55 miles

  • Creekside Daycare

    1.87 miles

  • Cheryl Schlessman Bennett Children's Center

    2.40 miles

  • KinderCare

    2.43 miles

  • Little Tykes Learning Center

    3.39 miles

  • inbloom Autism Services

    5.73 miles

  • Child Development Center

    6.36 miles

  • La Petite Academy

    7.19 miles

  • Alpine Autism Center

    7.23 miles

  • KinderCare

    7.67 miles

Frequently Asked Questions

How much does 1512-1518 S Corona Ave cost?

The space currently listed for sale at 1512-1518 S Corona Ave asks for $2,240,000.

What is the total square footage of 1512-1518 S Corona Ave?

1512-1518 S Corona Ave totals 6,055 square feet.

When was this property built?

1512-1518 S Corona Ave was built in 1954.

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Contact Listing Broker

broker

Will McCauley

Unique Properties