4340 Ericson Drive, Colorado Springs, CO 80906

This 4-unit value-add apartment building presents a unique opportunity for investors to acquire an income-generating asset in a highly desirable market. With the potential for increased rents through targeted renovations, this property has the potential to provide significant returns for new owners. Value-add investors can significantly enhance the property’s income potential through unit updates and increasing rents to market levels. The building is situated on a 7,040-square-foot lot, south of downtown Colorado Springs and is located within minutes of major highways and public transportation, providing convenient access to all that the city has to offer. 4340 Ericson Dr features an excellent unit mix comprised of four 2-bedroom 1-bathroom units, with laundry hookups. The property is situated in Statmoor Hills and features stunning mountain views and ample off-street parking for the tenants.