BEDS8
BATHS4
SQUARE FEET3,442
MLS#7311767
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFountain Plaza North
SCHOOLWidefield 3
Listing Courtesy of:
MODUS Real Estate
Agency Contact: astephens@moduscommercial.com,720-496-8868
Property Description
MODUS Real Estate is pleased to present 6664?6670 Provincial Dr, a 4-unit multifamily asset in Fountain, Colorado ? the closest incorporated community to Fort Carson and a core rental market within the Colorado Springs MSA. The property is an all-two-bedroom quadplex totaling approximately 3,442 net rentable square feet, built in 1987.The asset is currently 95% occupied with in-place rents of $1,100/month, roughly 15% below the $1,295/month market rent supported by recent quadplex leasing in the immediate submarket. Executing a mark-to-market turn strategy alongside a RUBS utility bill-back drives NOI from $30,415 (T-12) to $42,568 (Year 1 pro forma) ? approximately 40% NOI growth ? expanding the going-incap rate from 4.68% to a stabilized 6.55%.Demand is anchored by Fort Carson (~8 miles north; 26,000+ active-duty soldiers, ~40,000 family members, 57% living off-post) and reinforced by Peterson and Schriever Space Force Bases. As the newest asset among recent Provincial Dr and Alegre Cir quadplex sales, the pricing is directly validated by the same-street 6600?6606 Provincial Dr sale at $161,000/unit.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Forced Air
Roof Type: Composition
Stories: 1.0
Taxes: $3,804
Year Built: 1987
Feature Descriptions
Baths Total: 4
Days on Site: 5
Exclusions: List to be provided by seller, if any.
Exterior: Wood Siding
Parcel#: 65144-02-004
Sewer: Public Sewer
Local Schools
High School: Mesa Ridge
Middle School: Watson
Elementary School: Venetucci
School District: Widefield 3
Listed By / Shown By
Listed By
Agency Name: MODUS Real Estate
Agency Contact: astephens@moduscommercial.com,720-496-8868
Shown By
Agent Name: Tias (Ty) Hecht
Agent Phone: (719) 332-0433
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 3,708.31 per month $3,201.73 Principal & Interest $317.00 Property Tax $189.58 Homeowner's InsuranceChange Payment Information
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
METROLIST, INC., DBA RECOLORADO Disclaimer & Copyrights
The content relating to real estate for sale in this website comes in part from the Internet Data eXchange ("IDX") program of REcolorado®. All information subject to change and should be independently verified. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose.
This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA REcolorado, MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA REcolorado, SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.
METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
COPYRIGHT © 2020 by METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
The data relating to real estate for sale on this web site comes in part from the REcolorado®. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
6664 Provincial Drive | MLS# 7311767
This multi-family property located at 6664 Provincial Drive , Fountain, CO 80817 is currently listed for sale with an asking price of $650,000. Provincial Drive is located within the Widefield 3 school district. Search Fountain real estate on tyhecht.thecuttingedgerealtors.com today.