4235 & 4229 N Nevada St.
Colorado Springs, CO
This property holds massive potential once deferred maintenance is remedied.
Two buildings on the property create opportunities for businesses of different scales. Additionally, a unique yard of notable size has multiple access points and is highly usable for both vehicles and storage.
- 4235 N Nevada sits vacant and takes a while to lease-up.
OUTLOOK & EXIT
- This property should provide for an annualized 9.87 – 10.91% unlevered annualized internal rate of return (IRR) or higher barring a worse than normal recession or unexpected economic shock during the next ten years.