Homes for sale - 2521 Astrozon CIR, Colorado Springs, CO 80916

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Source Home Group

homes@hirethebrokerage.com +1(970) 528-0604

$650,000

Est. payment - /mo

3,536 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,536 sqft

Price per Sqft $183

Subdivision Pikes Peak Park Sub No 28 Resub Of Lot 1

MLS Listing ID 8059195

HOA Y/N No

Abv Grd Liv Area 3,536

Year Built 1984

Annual Tax Amount $1,942

Tax Year 2024

Property Sub-Type Quadruplex

Source recolorado

Property Description

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 2481 and 2521 Astrozon Circle, two adjacent multifamily properties located in the high-demand Southeast submarket of Colorado Springs. Offered together or separately at a combined price of $1,275,000, these properties feature a total of eight units, seven of which have been recently renovated with updated flooring, modernized kitchens and bathrooms, and fresh interior finishes that appeal to today's renters. Six of the eight units have also been upgraded with mini-split air conditioning systems, offering enhanced climate control and energy efficiency.

This is a compelling operational value-add investment. The current owner has already completed nearly all of the interior capital improvements required to bring the properties up to market standards, significantly reducing the need for further capital expenditures in the near term. With the units in great condition and rents currently below market, there is immediate upside potential through lease turnover and rent increases, allowing a new investor to drive revenue growth without the burden of heavy renovation costs.

Situated in a well-established rental corridor near schools, shopping centers, public transportation, and major employment hubs, both properties are ideally located to attract and retain quality tenants. For investors seeking a clean, low-maintenance multifamily opportunity with in-place cash flow and strong rent growth potential, 2481 and 2521 Astrozon Circle offer a rare combination of stability and upside in one of Colorado's most dynamic rental markets.

Location

State CO

County El Paso

Zoning R5 AO

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Roof Type Other

Garage No

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Wood Siding

Schools

Elementary Schools Giberson

Middle Schools Panorama

High Schools Sierra High

School District Harrison 2

Others

Senior Community No

Ownership Individual

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition None

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Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

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Source Home Group

+1(970) 528-0604

Agent | FA.100072314

Agent FA.100072314

2521 Astrozon CIR Colorado Springs, CO 80916

Source Home Group

Key Details

Location

Interior

Exterior

Building

Schools

Others

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