Off-Market Condo at 411 Lakewood Cir, Colorado Springs, CO 80910

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $136 per day and long-term for an average of $1,772 per month, based on similar listings in the area. Estimated short-term cap rate of 4.2%. Estimated long-term cap rate of 0.5%. Welcome to your dream home—a sleek and sexy corner condo offering panoramic views that will leave you breathless! From the majestic mountains to the serene golf course, shimmering city lights, and golf course pond, this condo brings the beauty of nature and luxury living together. Step inside and be captivated by the high-end finishes throughout. The gourmet kitchen is a chef’s paradise, featuring granite as far as the eye can see, sleek black tile, and brand new KitchenAid appliances. Soft-close kitchen cabinets add a touch of sophistication, while the open-concept layout with blonde plank flooring in the living and dining areas creates a bright, airy ambiance perfect for modern living and entertaining. Relax in your spacious primary suite, complete with dual sinks in the bathroom and a walk-in shower in both bathrooms for the ultimate in comfort and convenience. The California Closet offers plenty of storage, while the widened bathroom door jambs throughout and 6-panel doors add to the sleek, contemporary aesthetic. Take your living outdoors with a private balcony featuring drink shelves, additional lighting, and ample space for outdoor entertaining and barbecuing—perfect for evening get-togethers or quiet, peaceful moments. The drop ceiling with recessed lighting and new doors in the living and dining areas create a truly chic atmosphere. With a wet bar to impress your guests and every detail carefully designed, this condo is the epitome of luxurious, high-style living. Enjoy all of the amenities the Satellite has to offer. Art gallery in the lobby, restaurant, bar, spa and barber shop. Maintenance and Housekeeping a phone call away. All utilities included in your HOA. Seasonal pool, 2 gyms and saunas, 2 ballrooms, and 2 libraries featuring billiards tables. Multiple seating areas for socializing. See what living in the Satellite is all about.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$658
Bedrooms
2
Bathrooms
2
SQFT
1,152
Furnished
N/A
Year built
1969
Listing Status
Off Market
MLS
1730150

Short-term Rental Potential
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$32,196

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$259

Price/SQFT

Long-term Rental Potential
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$21,264

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,772/mo

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