Turnkey business opportunity! Fully rented 12-unit apartment complex. Eight 1-bed/1bath (600 sq ft), two 2-bed/1bath (800 sq ft), and two Studio/1bath (400 sq ft) units. Each unit has own washer/dryer and one off-street parking space. Tenants pay own utilities except trash. Rents are below current market value; most leases have converted to month-to-month basis. 7 units have been remodeled within 2 years. Empty lot to the north is currently rented as large truck storage. This property is located in neighborhood where the city of Colorado Springs is focused on urban renewal and improving infrastructure. Great opportunity for an investor!
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