MMG is pleased to introduce 1120 Mazatlan Circle, a freshly remodeled 4-unit multifamily property in Colorado Springs. This
investment opportunity features spacious two-bedroom units equipped with in-unit washers/dryers and functional fireplaces,
enhancing tenant comfort. The property also offers ample off-street parking and is conveniently located near trendy shopping and
dining areas with easy access to I-25.
Presented By: MMGREA LLC; Nexus@gmail.com
Interior Features for 1120 Mazatlan Cir
Bedrooms
Total Bedrooms8
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area3077
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
General for 1120 Mazatlan Cir
Attached Garage No
Cap Rate7.44
CityColorado Springs
Construction MaterialsOther
CountyEl Paso
Elementary SchoolAcademy International
ExclusionsTenant Personal Property.
Garage Spaces6
Garage Y/NYes
Gross Income59052
HOANo
HeatingBaseboard
High SchoolAir Academy
High School DistrictAcademy 20
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size UnitsSquare Feet
MLS AreaOut of Area
Middle/Junior High SchoolPeakview Academy at Conrad Ball
Net Operating Income47588
New ConstructionNo
Number Of Units Total4
Operating Expense11464
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofOther
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusPending
StatusPending
Stories2
Subdivision NameCASA GRANDE SUB FIL NO 1
Tax Annual Amount1935
Tax Year2023
Waterfront Y/NNo
Year Built1984
ZoningPUD
Exterior for 1120 Mazatlan Cir
Building Area Total3077
Covered Spaces6
Horse Y/NNo
SpaNo
Water SourceCity Water
Additional Details
Price History
Schools
High SchoolAir Academy High School
Elementary SchoolAcademy International Elementary School
Middle SchoolPeakview Academy at Conrad Ball Middle School
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