$400,000
2588 Patriot Hts, Colorado Springs, CO 80904
Income-Producing 2BR Patio Home in Brookdale Skyline (55+)
2 Bed · 2 Bath · 1,232 Sq Ft
Turnkey, leased patio home with new roof and community amenities.
2
Beds
2
Baths
1,232
Sq Ft
1990
Built
0.06 acres
Lot
Attached 1-car garage (agent reports; verify)
Garage
About Patriot Hts
This well-kept patio home inside Brookdale Skyline Senior Living offers a rare combination for investors and downsizers: a current long-term tenant, community amenities, and private outdoor space backing to open area. The main floor welcomes you with vaulted ceilings that open to a living room anchored by a gas-log fireplace and an efficient kitchen with updated appliances. The primary suite on the main level includes an adjacent full bathroom for ease of living. Downstairs, a finished walkout basement provides valuable additional living area that functions as a second bedroom suite, flexible den, or recreation space.
Practical upgrades reduce immediate capital needs — the seller reports a new roof installed in January 2026 and recently refreshed appliances. Step outside to private patios with no rear neighbors, a quiet view, and easy access to the community clubhouse, pool, fitness center, and dining options available through optional meal plans. An attached one-car garage (with laundry) adds convenience for residents and secures storage.
Located near Bear Creek Nature Center and walking trails, this property places residents close to outdoor recreation while keeping Broadmoor and its shopping, dining and golf amenities a short drive away. For investors, the home is delivered occupied with a long-term lease in place and immediate cash flow; for owner-occupiers (subject to age-restrictions and lease timing), the layout supports single-level living with added flexibility downstairs.
Contact listing agent Kurt Haneke for lease specifics, HOA/association rules, and to arrange a showing or due-diligence packet. The owner also has two neighboring properties on Patriot Heights available — inquire if you are interested in a small portfolio acquisition.
Home Highlights
Property Features
Interior Features
- 2 bedrooms, 2 bathrooms
- Vaulted ceilings on main level
- Gas-log fireplace in living room
- Finished walkout basement (flex space / second suite potential)
- Newer kitchen appliances
- Central air conditioning (reported)
Exterior & Lot
- Private patios overlooking open space — no rear neighbors
- Lot: ~2,668 SF (approx. 0.06 acres)
- New roof (January 2026)
- Attached one-car garage (agent notes) with laundry
- Low-maintenance landscaping (community-managed)
Location & Neighborhood
- Inside Brookdale Skyline 55+ community
- Clubhouse, pool, fitness center, optional meal plans
- Close to Bear Creek Nature Center and trails
- Short drive to Broadmoor resort area
Walkability & Recreation
- Walkability Rating: 45/100
- Nearby trails and Bear Creek park
- Community walking paths and onsite programming for residents
Neighborhood & Location
Brookdale Skyline sits on Colorado Springs’ west side near Bear Creek and the Broadmoor corridor. The neighborhood is quiet, oriented to active older adults, and benefits from well-maintained common areas, regular programming, and proximity to trails and regional green spaces. Driveable access to Broadmoor restaurants, shops and golf make it appealing for residents who want recreation nearby but within a low-traffic residential setting.
Market Insights
West Colorado Springs, including the Broadmoor-adjacent 80904 submarket, favors sellers for well-priced, low-maintenance homes with desirable amenities — especially age-restricted patio homes that do not require upkeep typical of larger lots. Median prices in the submarket have been steady to modestly rising (estimated ~3% year-over-year), and inventory for 55+ patio homes remains constrained relative to demand. Average days on market for comparable product tends to be lower than for generic entry-level supply. For buyers seeking rental stability, Brookdale community amenities and the scarcity of similar units offer downside protection and tenant retention advantages. That said, broader macro conditions have moderated appreciation; prudent investors should verify lease terms and HOA rules before bidding.
Nearby Schools
Broadmoor Elementary
Elementary · 2.0 mi
Cheyenne Mountain Middle School
Middle · 3.0 mi
Cheyenne Mountain High School
High · 3.5 mi
Walkability & Recreation
Excellent access to Bear Creek trails, a nearby dog park, and community walking paths; Broadmoor greenspaces and golf are a short drive away.
Investment Highlights
- Turnkey income property with long-term lease already in place
- Located inside a 55+ community with clubhouse, pool, and optional meal plans
- New roof (Jan 2026) reduces near-term capex risk
- Finished walkout basement and private patios overlooking open space
- Limited local supply of similar age-restricted patio homes
Key Findings
- 2 beds / 2 baths, 1,232 SF footprint, built 1990
- List price: $400,000; AVM: ~$400,130
- Lot: 2,668 SF (~0.061 acres); private outdoor space with no rear neighbors
- Agent reports attached one-car garage with laundry (parking block flagged 'false' — confirm)
- Community amenities increase tenant retention potential
Things to Consider
- Verify actual tenancy terms, rent amount, and lease expiration (tenant-occupied signals cash flow but may limit owner access)
- Confirm school district assignment if buyer plans owner-occupancy or marketing to families (community is age-restricted so less relevant)
- Community covenants/age-restrictions and any rental caps could affect strategies
- Parking noted differently in scraped blocks vs. agent description — verify garage existence
Opportunity Analysis
Acquire a stabilized, age-restricted patio home with immediate rent roll in an amenity-rich senior community near Bear Creek and Broadmoor. The asset suits a conservative buy-and-hold investor seeking steady cash yield and low turnover.
Potential Use Scenarios
- Hold as a long-term rental to capture steady cash flow and limited tenant turnover typical in 55+ communities
- Obtain lease and HOA covenant review immediately; if favorable, consider multi-property purchase on the same street (agent notes adjacent listings)
- Budget for minor cosmetic updates to increase rental rate at lease renewal (kitchen and bath refreshes)
- If owner-occupier plan—confirm HOA age-restrictions and lease termination timing
Risk Factors
- Age-restriction covenants may limit buyer pool and use cases
- Potential rental restrictions imposed by community/management
- Data inconsistencies re: garage; legal description review recommended
- Market appreciation in Colorado Springs has moderated; downside risk if broader market softens
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$380K
Midpoint
$403K
High
$425K
$326.5/SF estimated price per square foot
Estimate anchored to the listing price of $400,000 and the Redfin AVM (~$400k). Adjusted range reflects condition/upgrades (new roof Jan 2026, newer appliances, finished basement) and premium for age-restricted patio homes near Broadmoor.
As of 2026-03-14
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
West Colorado Springs has steady demand from downsizing retirees and professionals seeking proximity to Broadmoor and open space; modest household growth compared with northern suburban corridors.
Nearby Points of Interest
- Bear Creek Nature Center (approx 1 mi)
- The Broadmoor Resort & Golf Club (approx 2-3 mi)
Close access to Bear Creek trails/park, Broadmoor shopping/dining, and senior-focused onsite amenities (clubhouse, pool, exercise facilities). Westside Colorado Springs with large open-space parcels and views towards Cheyenne Mountain.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
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