Colorado Springs · Commercial sale
Small apartment building at 5602 Towson Vw in Colorado Springs sells for $1.23 million
A small apartment building at 5602 Towson Vw, Colorado Springs sold for $1,230,000 on October 13, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $1,230,000
- Sold
- October 13, 2026
- Property type
- Small apartment building
- Building area
- 4,852 sq ft
- Price per sq ft
- $254
- Year built
- 2001
The $1,230,000 sale price was 25% above the recorded market value of $987,446, according to the El Paso County Assessor's sales records.
The small apartment building at 5602 Towson Vw in Colorado Springs sold on October 13, 2026. The record lists Ronald Norris Brans 1995 Trust as the buyer.
Assessor's records show 4,852 square feet of building area, a build year of 2001 and a 5,631-square-foot lot. The price works out to $254 per square foot.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in El Paso County?
By our estimate, the seller's two largest charges, not counting prorations, were $3,685 for the owner's title insurance policy and $350 for the settlement / closing fee. Who pays what follows El Paso County custom.
How much did the seller net?
By our estimate, the seller netted about $1,221,096. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $1,225,694 at closing. That covers the full price and closing costs.
Source: El Paso County Assessor, weekly parcel data file, document 6316306365-20261013. Property details: El Paso County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
