Colorado Springs – Nexus Commercial Realty, LLC, has closed the sale of 411-413 Prairie Road, a 6,086 Sq Ft, 12 unit multifamily property for the sale price of $1,140,000. Lee Wagner & Jeff Dimmen of Nexus represented the Buyer on this transaction.
Built in 1955, this property offers a great unit mix of 11 one bedrooms and 1 two bedroom units with larger floor plans. Each unit has their own washer and dryer hookups and the property offers plenty of off-street parking.
411-413 Prairie Road is conveniently located on Prairie Rd between E Saint Vrain St & E Boulder St. With easy access to E Platte Ave, this property is minutes away from Downtown Colorado Springs and the beautiful Memorial Park.
Buyer plans to continue to improve the property through renovations to the units, mechanics and increase the rental income.
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