Student Rentals in Colorado Springs - 2x the Mortgage

[Ryan Thomson]

Looking for a great cash-flowing investment in a high-demand, appreciating market. Student rentals in Colorado Springs are cash flowing $600-1200/month and offering a 9-12% cash on cash return. This is NET. After all expenses and management fees. After budgeting for expenses. Shoot me a note if you would like to talk, learn more, or take a tour of the neighborhood/houses.

See below for some information on the markets and some example projections.

UCCS market

UCCS is a 12,000 student college 3 miles from downtown Colorado Springs. With Colorado University at Boulder running out of land in which to grow, UCCS is predicted, by some, to be where the university system will continue its growth.

Rooms rent for $600-675

Colorado College (CC) Market

CC is located in downtown Colorado Springs. Recently CC knocked down some student housing in order to build a new hockey arena. This created a housing shortage on campus and Juniors, for the first time, are allowed to live off-campus. This has doubled the supply of students needing housing and we suspect supply will take a while to catch up.

The other benefit of CC investing is that the parents who send their kids to college at CC are some of the wealthiest in the nation. According to NY times 24% of the households make more than 630K/year in income. And according to the College Vine the median income for students’ families at CC is the richest in the country at 277k.

Bedrooms rent for $800-1000+ at CC

What you get with us

Our connections with students and university organizations. This provides us high-quality students to fill your rentals.

No effort on your part is needed to deal with the 50% turnover of college leasing, maintenance, parent communication, etc.

If any of this sounds interesting and you would like to learn more, send me a message or give me a call. 

713-502-9679

[email protected]