340 Gahart Dr, Colorado Springs, CO 80916

$649,000
10
BD
4
BA
3,672
SqFt

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List Price
$649,000
Status
ACTIVE
MLS#
9848883
Year Built
1972
Bedrooms
10
Bathrooms
4
Living Area
3,672
Region
Out of Area
Subdivision
Eastborough

Property Description

Cushman & Wakefield presents 340 Gahart Drive, an opportunity to acquire a well-located four-unit multifamily asset in one of Colorado Springs' established residential neighborhoods. The property offers investors the benefits of a smaller apartment community with streamlined management, diversified income from four rental units, and strong long-term demand driven by the city's continued population and employment growth. The building features two units with desirable 3BD/1BA and two units with 2BD/1BA. Positioned with convenient access to both South Academy and Powers Blvd corridors, major employment centers such as Amazon Distribution Warehouse, shopping, dining, schools, and countless recreational amenities, the property is well situated to attract a broad tenant base. Colorado Springs continues to experience healthy economic expansion fueled by the defense, aerospace, healthcare, technology, and education sectors, supporting consistent demand for quality rental housing throughout the region. Whether added to an existing portfolio or acquired as a standalone investment, 340 Gahart Drive offers an attractive combination of location, income potential, and long-term appreciation within one of Colorado's most resilient multifamily markets. Lease Information: Unit 1- Lease Expires 8/7/26, Unit 2- Lease Expires 11/15/2026, Unit 3- Vacant, Unit 4- Lease Expires 2/28/27

Additional Information

Taxes
$2,307
School District
Colorado Springs 11
Elementary School
Roosevelt-Edison Charter School
Middle School
Swigert
High School
Mitchell
Utilities
Natural Gas Available
Garage Spaces
8
Zoning
R-5 AO

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Listing courtesy of Lee Wagner.

00537@00537.com,303-292-3700

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