BEDS10
BATHS4
SQUARE FEET3,672
MLS#9848883
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONEastborough
SCHOOLColorado Springs 11
Listing Courtesy of:
Cushman & Wakefield
Agency Contact: 00537@00537.com,303-292-3700
Property Description
Cushman & Wakefield presents 340 Gahart Drive, an opportunity to acquire a well-located four-unit multifamily asset in one of Colorado Springs established residential neighborhoods. The property offers investors the benefits of a smaller apartment community with streamlined management, diversified income from four rental units, and strong long-term demand driven by the citys continued population and employment growth. The building features two units with desirable 3BD/1BA and two units with 2BD/1BA.Positioned with convenient access to both South Academy and Powers Blvd corridors, major employment centers such as Amazon Distribution Warehouse, shopping, dining, schools, and countless recreational amenities, the property is well situated to attract a broad tenant base. Colorado Springs continues to experience healthy economic expansion fueled by the defense, aerospace, healthcare, technology, and education sectors, supporting consistent demand for quality rental housing throughout the region.Whether added to an existing portfolio or acquired as a standalone investment, 340 Gahart Drive offers an attractive combination of location, income potential, and long-term appreciation within one of Colorados most resilient multifamily markets.Lease Information: Unit 1- Lease Expires 8/7/26, Unit 2- Lease Expires 11/15/2026, Unit 3- Vacant, Unit 4- Lease Expires 2/28/27
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Heating: Natural Gas
Roof Type: Composition
Stories: 2.0
Taxes: $2,307
Year Built: 1972
Feature Descriptions
Baths Total: 4
Exclusions: All personal property owned by Tenant(s)
Exterior: Frame
Parcel#: 64144-14-008
Sewer: Public Sewer
Local Schools
High School: Mitchell
Middle School: Swigert
Elementary School: Roosevelt-Edison Charter School
School District: Colorado Springs 11
Listed By / Shown By
Listed By
Agency Name: Cushman & Wakefield
Agency Contact: 00537@00537.com,303-292-3700
Shown By
Agent Name: Mason Boggs
Agent Phone: (719) 237-2889
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 3,578.35 per month $3,196.80 Principal & Interest $192.25 Property Tax $189.29 Homeowner's InsuranceChange Payment Information
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340 Gahart Drive | MLS# 9848883
This multi-family property located at 340 Gahart Drive , Colorado Springs, CO 80916 is currently listed for sale with an asking price of $649,000. Gahart Drive is located within the Colorado Springs 11 school district. Search Colorado Springs real estate on www.masonboggs.com today.