Fountain Plaza North Real Estate

Welcome to Fountain Plaza North, a vibrant and inviting subdivision nestled in the heart of Fountain, Colorado. This charming community offers a unique blend of suburban tranquility and easy access to urban conveniences, making it an ideal place for families, professionals, and retirees alike.

Fountain Plaza North is characterized by its beautifully designed homes, each showcasing modern architecture and thoughtful layouts. Residents enjoy spacious yards and well-maintained landscaping that create a warm and welcoming atmosphere. The neighborhood is known for its friendly community spirit, where neighbors become friends and gatherings are a regular delight.

One of the standout features of Fountain Plaza North is its strategic location. Situated just a short drive from Colorado Springs, residents have the luxury of enjoying both the serene charm of Fountain and the bustling amenities of a larger city. From shopping and dining to outdoor adventures, everything you need is conveniently close at hand. The nearby Fountain Creek Regional Park offers picturesque trails, picnic spots, and recreational opportunities for those who love the great outdoors.

Families with children will appreciate the excellent local schools, which provide quality education and a supportive learning environment. Additionally, the community hosts various events throughout the year, fostering connections and creating lasting memories.

For those seeking a peaceful yet connected lifestyle, Fountain Plaza North is a hidden gem in El Paso County. Experience the perfect balance of comfort, community, and convenience in this delightful subdivision. Come explore your future home in Fountain Plaza North today!

Newest Listings in Fountain Plaza North

$650,000

8 Beds ⋅ 4 Baths ⋅ 7311767 MLS

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-in cap 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.

6664 Provincial Dr, Fountain

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

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