6727 Dale Road, Colorado Springs, CO 80915

$780,000
4,553
SqFt

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List Price
$780,000
Status
ACTIVE UNDER CONTRACT
Days on Market
91
MLS#
8718070
Year Built
1965
Living Area
4,553
Subdivision
Harmony Hills
Neighborhood
Harmony Hills

Property Description

We are pleased to present the opportunity to acquire 6727 Dale Rd, a well-maintained, townhome-style fourplex in Colorado Springs. The property features spacious two-story units and a consistent history of capital improvements, offering investors a balanced profile of in-place stability and value-add potential. The asset consists of four 2 bed / 1.5 bath units, each approximately 1,138 square feet, providing a highly functional layout that appeals to long-term tenants and competes favorably against smaller, stacked apartment product. Interior renovations have been completed throughout the ownership period, though finish levels vary by unit. Unit 6727 Dale Rd underwent a full renovation in 2025 and represents the highest quality interior, while the remaining units offer additional upside through continued upgrades and rent growth. Ownership has completed several key capital improvements, including a roof replacement in 2019, full balcony replacements since 2023, and updated electrical panels. These upgrades reduce near-term capital expenditure needs and allow a buyer to focus on executing an interior value-add strategy. In addition to interior upside, the property presents an opportunity to implement a utility bill-back system (RUBS), allowing a future owner to recapture a portion of operating expenses and further enhance net operating income. With its townhome-style configuration, larger unit sizes, multiple avenues for NOI growth, and clear path to increased rents, 6727 Dale Rd presents an attractive opportunity for investors seeking both durability and upside. *****CONTACT ANDREW STEPHENS, THE LISTING AGENT, FOR ANY ADDITIONAL INFORMATION at (720) 496-8868 or astephens@moduscommercial.com*****

Additional Information

Exterior Features
Balcony, Private Yard
Taxes
$2,617
Zoning
RM-30 CAD-
Heating
Forced Air
Air Conditioning
None
Levels
Two
Roof
Shingle
School District
Colorado Springs 11
Elementary School
McAuliffe
Middle School
Galileo
High School
Mitchell

Courtesy of MODUS Real Estate . nmaccarter@moduscommercial.com

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