340 Gahart Drive, Colorado Springs, CO 80916

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

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Courtesy of Cushman & Wakefield . 00537@00537.com,303-292-3700

List Price
$649,000
Type
Multifamily
Property Sub Type
Quadruplex
Status
ACTIVE
MLS Number
9848883
Bedrooms
10
Bathrooms
4
Sqft Total
3,672
Neighborhood
Eastborough
Year Built
1972

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

Tax Amount
$2,307
Tax Year
2025
Sewer
Public Sewer
Heating
Natural Gas
Cooling
None
School District
Colorado Springs 11
Elementary School
Roosevelt-Edison Charter School
Middle Or Junior School
Swigert
High School
Mitchell
Parking Total Searchable
8

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