Cushman & Wakefield is pleased to present Leisure Apartments, an exceptional multifamily real estate offering located in Old Colorado City. The property consists of 8 units offering one bedroom and one-bathroom units. Boasting a prime location and excellent walkability to a plethora of dining options, shopping destinations, and entertainment venues, this property presents an ideal living experience for residents. The property offers plenty of parking for tenants, on-site laundry & extra storage facilities. Situated with easy access to HWY 24 and I-25, residents can enjoy seamless commutes and convenient connectivity to surrounding areas. The nearby attractions of Manitou Springs as well as Downtown COS add to the property’s allure. With 8 well-appointed units in a meticulously well-cared for building, Leisure Apartments presents itself as a diverse and attractive investment opportunity. Whether seeking an already solid income-generating property or an opportunity to enhance value, Leisure Apartments stands as an enticing investment option for those desiring to profit off the thriving real estate market in Colorado Springs.
Leisure Apartments presents an excellent opportunity for value creation and potential upside. Notably, a majority of units have undergone unit renovations showcasing the property’s commitment to enhancing the living experience for residents. This value-add strategy has positioned the asset to command higher rental rates and attract tenants seeking updated living spaces. The remaining units present an opportunity for further renovation, allowing investors to capture additional value and maximize rental income. Please contact Lee Wagner with any questions 417-459-2155
For sale
$1,725,000
2918-2920 W Bijou, Colorado Springs, CO 80904
8beds
8baths
10,855sqft
Est.:
Quadruplex
Built in 1964
-- sqft lot
$-- Zestimate®
$159/sqft
$-- HOA
What's special
Unit renovationsUpdated living spaces
- 60 days
- on Zillow |
- 211 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: June 03, 2025 at 03:40pm
Listed by:
Nic Polaski 719-238-9074 Nic.Polaski@cushwake.com,
Cushman & Wakefield
Source: REcolorado,MLS#: 6013353

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Baseboard, Forced Air
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Has basement: No
Interior area
- Total structure area: 10,855
- Total interior livable area: 10,855 sqft
- Finished area above ground: 10,855
Property
Parking
- Total spaces: 8
- Details: Off Street Spaces: 8
Features
- Levels: One
- Stories: 1
- Fencing: Partial
Lot
- Size: 0.74 Acres
Details
- Parcel number: 7402316013
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick
Condition
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Subdivision: Old Colorado City
HOA
- Has HOA: No
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $159/sqft
- Tax assessed value: $667,417
- Annual tax amount: $2,271
- Date on market: 6/3/2025
- Listing terms: 1031 Exchange,Cash,Conventional,FHA
- Ownership: Individual
- Tenant pays: Electricity
- Electric utility on property: Yes
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