Hathaway Subdivision No. 1 Homes with Colorado Springs 11 School District

Welcome to Hathaway Subdivision No. 1, a charming neighborhood nestled in the heart of Colorado Springs, Colorado. This delightful community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike. With stunning views of the Rocky Mountains and easy access to local parks, hiking trails, and recreational facilities, residents enjoy an active lifestyle amidst breathtaking natural beauty.

Hathaway Subdivision No. 1 boasts a diverse range of homes, from cozy single-family residences to spacious two-story designs, catering to a variety of tastes and budgets. Each property is thoughtfully designed, featuring modern amenities, well-manicured lawns, and inviting outdoor spaces where families can create lasting memories. The neighborhood fosters a strong sense of community, with friendly neighbors and regular neighborhood events that bring everyone together.

One of the standout features of Hathaway Subdivision No. 1 is its affiliation with the highly regarded Colorado Springs 11 School District. Parents can rest easy knowing their children have access to excellent educational opportunities, with nearby schools known for their dedicated staff and rigorous academic programs. This makes Hathaway an attractive option for families looking to settle down in a nurturing environment.

In addition to its family-friendly atmosphere, residents of Hathaway Subdivision No. 1 enjoy proximity to a variety of shopping, dining, and entertainment options. Whether you're exploring the vibrant downtown area or enjoying a day at one of the nearby parks, you'll find that this neighborhood truly offers the best of Colorado Springs living. Come discover your dream home in Hathaway Subdivision No. 1, where community spirit and scenic beauty await!

Newest Hathaway Subdivision No. 1 Homes with Colorado Springs 11 School District

$670,000

2783225 MLS

MODUS Real Estate is pleased to present the opportunity to acquire 935 Hathaway Dr, a well maintained fourplex in the Cimarron Hills neighborhood of East Colorado Springs, within the Powers submarket and minutes from Peterson Space Force Base, Schriever Space Force Base, and the Colorado Springs Airport. The property consists of four 2 bed / 1 bath units, each approximately 750 square feet, across a 3,000 SF building on a 7,841 SF lot — an efficient, easily managed unit mix with proven long-term tenant demand. Distinct from a heavy value-add play, 935 Hathaway offers stabilized, in-place cash flow. All four units are currently leased and occupied, averaging $1,378.75 per month ($1.84/SF) and producing $66,180 in gross annual rent. In-place NOI of $42,807 represents a 6.39% going-in cap rate at the $670,000 asking price. Year 1 underwriting projects NOI rising to $44,967 (a 6.71% cap), driven by a utility bill-back program that recaptures a portion of the master-metered water and sewer expense — an operational improvement achievable without capital renovation. Built in 1984, the asset positions as an attractive core-plus opportunity for private investors and 1031 exchange buyers seeking durable workforce-housing yield.

935 Hathaway Drive, Colorado Springs

Courtesy of MODUS Real Estate . astephens@moduscommercial.com,720-496-8868

Start Your Search

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Max Ferguson Realtor are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions