110 El Paso Blvd
Manitou Springs, CO 80829
Building Overview
- Address 110 El Paso Blvd, Manitou Springs CO 80829
- Property Type Multifamily
- Units 4
- Property Size 3165 Sqft
- Unit Mix (3) 1BD/2BA, & (1) 1BD/1BA
- Year Built 1955
- Price $775,000
Investment Highlights
Strong Yield & Immediate Income: Fully leased 4-plex generating a robust monthly revenue stream with current rents at $1,400, $1,300, $1,275, and $1,200.
Low-Maintenance Capital Upgrades: Peace of mind for the next owner with extensive major updates, including a newer roof, fresh exterior stucco, a replaced boiler/water heater system, and interior renovations (all updated in 2019), plus updated electrical (2016).
Desirable Layouts on Massive Lot: Comprises three spacious 1BD/2BA units and one 1BD/1BA unit—each boasting single-story layouts (~750 SF) situated on an expansive 20,000 SF lot with abundant off-street parking.
Highly Walkable, West-Side Location: Nestled in a coveted neighborhood right near Fountain Creek and Fields Park, giving tenants immediate access to tennis/pickleball courts, a skatepark, baseball fields, and the Creekwalk trail.
Proximity to Dining & Growth: Surrounded by a vibrant mix of popular local dining and retail, and strategically positioned near newly developed townhome-style projects that heavily support long-term submarket appreciation.
Favorable Utility Structure: Tenants pay their own electric directly, keeping owner utility management streamlined to water, gas, and trash.


