NorthPeak Commercial Real Estate Advisors is please to present this rare opportunity to acquire a fully occupied, character-rich income property along one of Manitou Springs’ most iconic corridors. Situated creekside on Ruxton Avenue — the storied route to the Manitou Incline, Barr Trail, and the Pikes Peak Cog Railway — this six-unit portfolio spans three addresses (318, 320, and 324 Ruxton) on nearly half an acre of land.
All six one-bedroom units are accessed via a pedestrian bridge over Manitou Creek. Each unit offers it’s own unique charm which results in long term tenants who appreciate this exceptional location and special community.
Offered at $995,000, this property offers investors above market returns for a professionally managed asset in an irreplaceable location. Those willing to handle property management themselves, as the current owner has done for years, will enjoy nearly a 7%+ Cap rate investment.
