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4226-4228 Forrest Hill Rd.

Colorado Springs, Colorado 80907

CONTACT BROKER
Price
$1,599,000
Property Type
Multifamily
# of Units
8
Building Size
5,655 SQFT
Lot Size
18,557 SQFT
Year Built
1970

Description

4226–4228 Forrest Hill Road presents an excellent opportunity to acquire an 8-unit multifamily property in the heart of Colorado Springs. Situated in a stable rental submarket with strong demand for workforce housing, this asset offers investors a blend of consistent cash flow and long-term appreciation potential. The property is well-positioned to capture ongoing population growth, economic expansion, and limited housing supply in the Colorado Springs metro.

Highlights

  • Two separately deeded 4-unit buildings
  • All units have been renovated since 2021
  • Units individually metered for electric (tenants pay)
  • Roofs: 4226 replaced in 2019, 4228 replaced in 2007
  • On-site laundry (laundry lease in place)
  • Well-maintained exterior and interiors; potential for light value-add upgrades to drive rents
  • Conveniently located near major employment hubs, retail corridors, and public transit

Brokers

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Joe Hornstein

. Principal
(720) 939-2943.
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Scott Fetter

. Principal
(720) 470-3646.

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