3445 Cochran, Colorado Springs, Colorado 80916

3445 Cochran Dr, Colorado Springs is a 4-unit apartment building, including four two-bedroom, one-bathroom residences. Built in 1985 with classic wood frame construction and a composition shingle pitched roof, this property has undergone a complete renovation in 2024, featuring new flooring, white shaker cabinets, stainless steel appliances, countertops, and new tile bathrooms and vanities. No expense was spared in the tasteful improvements. The property was improved with several capital expenditure upgrades over the last year with new windows, a refreshed painted exterior, and perimeter fence. This property also come equipped with a wireless security camera system. Each unit boasts individual AC units, in unit washer and dryer hook ups and storage unit for personalized comfort. With its prime location 3445 Cochran St presents a turnkey investment opportunity with immediate cashflow. This property is perfect for first time home buyers and house hackers alike. Three of the units are fully leased through 2024. This allows the opportunity for investors to live in the available turnkey unit and enjoy the strong cashflow. This property offers a 7.51% cap rate!
For investors looking for more scale this ownership group is also offering 903 Boggs, 2115 Preuss, 2123 Pruess, 2135 Pruess and 1518 &1512 S Corona Ave, Colorado Springs.