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Updated about 4 years ago on . Most recent reply
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Investing in Colorado Springs, CO
I am considering investing in Colorado Springs District 20. I am being told the market is appreciating well in this area. Most of what I see is new construction town homes. Anyone give me some direction on articles that will shed some light on honing in on a single family home in this area? We will only be able to buy one property most likely due to the current pricing. Can go up to $500k.
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@Rob Wallin here is an article that gives a detailed perspective of the Colorado Springs market: https://www.noradarealestate.c.... Although it is not specific to the D20 area I do think it gives great information.
If you are looking for stronger cashflows you might want to look further south in the city as the further north you go the higher the price. There are currently a lot of renters looking for housing, I just rented out a 3/1 SFR in southern Colorado Springs for $1270 and we had 5 applicants in 2 days.