2107 Preuss Road is a turnkey four-unit investment opportunity in Colorado Springs offering immediate income, a strong in-place cap rate, and meaningful upside. The 3,573-square-foot quadplex includes two 2-bedroom and two 3-bedroom units, with updated interiors, LVT flooring, newer carpet and appliances, and many more upgrades. Fully rented with optional management in place and a 6.7% cap rate - this property is as turnkey as they come! An ideal acquisition for the investor seeking dependable current cash flow with a clear value-add strategy, 2107 Preuss presents the opportunity to substantially increase revenue by converting units to fully furnished short-term (Airbnb or VRBO) or medium-term rentals (contact agent for compatibles - buyer to verify eligibility). Its larger two- and three-bedroom layouts are well suited to traveling professionals, military and government personnel, corporate relocations, medical travelers, and families in transition-tenant segments that often value furnished, utility-inclusive homes and flexible stays. Short-term and Medium-term furnished rentals commonly command a premium over conventional leases in exchange for convenience and flexibility. With completed capital improvements, four spacious units, and a flexible path to higher-income furnished operations, this asset offers a compelling blend of current yield, operational stability, and future rental-growth potential. Offer price: $675,000-an exceptional value compared with a neighboring four-unit building that recently sold for $717,000, providing investors immediate basis advantage and compelling upside potential. Close to Memorial Park and Prospect Lake! Contat agent for showings.

Property Details of 2107 Preuss Road

Property Details

Interior Features

Utilities and Appliances

Community

Other Details

Listed by David Gifford of Good Neighbor LLC (davidbgifford@gmail.com)

Map Location

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