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$ 1,850,000
Est. payment | /mo
3,212 SqFt
$ 1,850,000
Est. payment | /mo
3,212 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,212 sqft
Price per Sqft $575
MLS Listing ID 7235605
Style Cottage,Traditional
HOA Y/N No
Year Built 1920
Annual Tax Amount $2,734
Tax Year 2024
Lot Size 0.654 Acres
Acres 0.65
Property Sub-Type Multi Family
Source recolorado
Property Description
This exceptional and rare investment opportunity is located on the desirable west side of Colorado Springs, within walking distance to the world-renowned Garden of the Gods and bordering the vibrant community of Manitou Springs. Designed and curated by a husband-and-wife team—an accomplished theme park designer and an interior and garden designer—this property is a one-of-a-kind asset that blends artistry, functionality, and strong income performance.
The multifamily property spans four parcels with potential for additional development. It features five updated and charming standalone cottages currently operated as long-term rentals, alongside four unique dwellings: a historic two-bedroom Craftsman home, a two-bedroom two-story A-frame cottage, a one-bedroom cottage, and a studio cottage. An exceptional turnkey opportunity—includes thoughtfully curated, high-end furnishings and décor throughout. These four units have achieved top 1% short-term rental performance in Colorado Springs, with over 2,000 stays in the past seven years. Located just steps from one of Colorado Springs' most iconic natural landmarks, the property at 102 Holly Gardens, Colorado Springs, enjoys a highly desirable setting on the city's scenic west side. Bordering the charming town of Manitou Springs and within walking distance of Garden
of the Gods, the location offers an exceptional blend of peaceful foothill ambience and vibrant community access. Residents benefit from quick access to hiking trails, Garden of the Gods Park's dramatic red-rock formations, and Manitou's lively shops and cafés, while being just a short drive from downtown Colorado Springs and major transport routes.
The multifamily property spans four parcels with potential for additional development. It features five updated and charming standalone cottages currently operated as long-term rentals, alongside four unique dwellings: a historic two-bedroom Craftsman home, a two-bedroom two-story A-frame cottage, a one-bedroom cottage, and a studio cottage. An exceptional turnkey opportunity—includes thoughtfully curated, high-end furnishings and décor throughout. These four units have achieved top 1% short-term rental performance in Colorado Springs, with over 2,000 stays in the past seven years. Located just steps from one of Colorado Springs' most iconic natural landmarks, the property at 102 Holly Gardens, Colorado Springs, enjoys a highly desirable setting on the city's scenic west side. Bordering the charming town of Manitou Springs and within walking distance of Garden
of the Gods, the location offers an exceptional blend of peaceful foothill ambience and vibrant community access. Residents benefit from quick access to hiking trails, Garden of the Gods Park's dramatic red-rock formations, and Manitou's lively shops and cafés, while being just a short drive from downtown Colorado Springs and major transport routes.
Location
State CO
County El Paso
Zoning R2-HS
Interior
Fireplace N
Exterior
Exterior Feature Garden
Utilities Available Electricity Available
Roof Type Shingle
Total Parking Spaces 9
Garage No
Building
Lot Description Corner Lot, Irrigated, Landscaped
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Cushman & Wakefield
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