6727 Dale Road, Colorado Springs, CO 80915

$780,000
4,553
SqFt

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Courtesy of MODUS Real Estate . nmaccarter@moduscommercial.com

List Price
$780,000
Type
Multifamily
Property Sub Type
Quadruplex
Status
ACTIVE UNDER CONTRACT
MLS Number
8718070
Sqft Total
4,553
Neighborhood
Harmony Hills
Year Built
1965

Property Description

We are pleased to present the opportunity to acquire 6727 Dale Rd, a well-maintained, townhome-style fourplex in Colorado Springs. The property features spacious two-story units and a consistent history of capital improvements, offering investors a balanced profile of in-place stability and value-add potential. The asset consists of four 2 bed / 1.5 bath units, each approximately 1,138 square feet, providing a highly functional layout that appeals to long-term tenants and competes favorably against smaller, stacked apartment product. Interior renovations have been completed throughout the ownership period, though finish levels vary by unit. Unit 6727 Dale Rd underwent a full renovation in 2025 and represents the highest quality interior, while the remaining units offer additional upside through continued upgrades and rent growth. Ownership has completed several key capital improvements, including a roof replacement in 2019, full balcony replacements since 2023, and updated electrical panels. These upgrades reduce near-term capital expenditure needs and allow a buyer to focus on executing an interior value-add strategy. In addition to interior upside, the property presents an opportunity to implement a utility bill-back system (RUBS), allowing a future owner to recapture a portion of operating expenses and further enhance net operating income. With its townhome-style configuration, larger unit sizes, multiple avenues for NOI growth, and clear path to increased rents, 6727 Dale Rd presents an attractive opportunity for investors seeking both durability and upside. *****CONTACT ANDREW STEPHENS, THE LISTING AGENT, FOR ANY ADDITIONAL INFORMATION at (720) 496-8868 or astephens@moduscommercial.com*****

Additional Information

Tax Amount
$2,617
Tax Year
2024
Exterior Features
Balcony, Private Yard
Sewer
Public Sewer
Heating
Forced Air
Cooling
None
School District
Colorado Springs 11
Elementary School
McAuliffe
Middle Or Junior School
Galileo
High School
Mitchell
Parking Total Searchable
6

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