Donna Jarock

Donna Jarock

Property

2481 Astrozon Circle, Colorado Springs, CO 80916

N/A
N/A
3,536 sqft

$625,000

VA

Adjust your down payment to see the impact

How much can you bring down?14%
Cash to Close$89,376
Monthly Payment (PITI)
$2,776
Estimated Loan Balance$535,624
Remaining Loan Term30 years

You cover the entire equity of $89,376!

Enter a smaller amount if you prefer to use secondary financing

$56,344 in interest paid off

Assumed Rate

2.88%
7.15%

Principal & Interest

$2,410 /mo
$3,921 /mo

Listing courtesy of: Andrew Stephens, Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

What's Special

INVESTORSSHOPPINGMODERNRENOVATEDPUBLIC TRANSPORTATION

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.

Facts & Features

Comprehensive details about this property

Interior Features

Bedrooms & Bathrooms

Bedrooms
Bathrooms
Living Area3,536 sqft

Climate Control

CoolingOther
HeatingForced Air
FireplaceNo

Interior Details

Flooring
MaterialsWood Siding
Stories

Exterior & Parking

Parking

GarageDetached
Garage Spaces0
CarportNo
Covered Spaces

Exterior Features

Fencing
Roof TypeOther
Architectural Style

Water & Pool

SewerPublic Sewer
Water Source
Private PoolNo

Construction & History

Construction Details

Year Built1984
Builder
Property TypeQuadruplex
Construction MaterialsWood Siding

Community Features

SubdivisionPikes Peak Park Sub No 28 Resub of Lot 1
No community features listed

HOA Information

HOANo

Financial & Market

Financial Details

Price per Sqft$176.75
Annual Taxes$2,390
Listed Date2025-08-04T00:00:00.000Z

Location

CityColorado Springs
StateCO
ZIP Code80916
CountyEl Paso

Listing Information

MLS IDREC1929098
Last Updated2025-08-06T09:29:17.388Z
Sourcerecolorado
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MLS ID: REC1929098

Listing From: recolorado

Last updated: 2025-08-06T09:29:17.388Z

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