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The Hudson | Workforce Housing Opportunity 2001 N Hudson Ave 185 Room Hotel Pueblo, CO 81001 $650,000 ($3,514/Room)
Investment Highlights
- Adaptive Reuse Opportunity: 185 existing rooms on 4.93 acres ready for redevelopment.
- Value-Add Potential: Offered at $650,000 with significant housing redevelopment upside.
- Prime Highway Access: Located along Highway 50 with quick access to I-25.
Executive Summary
The Hudson presents a rare adaptive reuse and redevelopment opportunity in Pueblo, Colorado. Situated on 4.93 acres along the Highway 50 corridor, the property consists of approximately 92,684 SF with 185 existing rooms and substantial on-site parking. Offered at $650,000, the asset provides a compelling basis relative to replacement cost and may be suitable for workforce housing, multifamily conversion, hospitality repositioning, supportive housing, educational, or mixed-use redevelopment concepts.
The property benefits from excellent regional connectivity via Highway 50 and Interstate 25, proximity to major employers, healthcare systems, manufacturing operations, and logistics infrastructure. Preliminary redevelopment analysis indicates the potential for a 185-unit workforce housing conversion, helping address the growing need for attainable housing throughout Southern Colorado.
Potential incentive opportunities may include Enterprise Zone benefits, workforce housing programs, public-private partnerships, and other economic development initiatives. Buyer to independently verify all redevelopment potential, zoning, incentives, and program eligibility.
Extensive due diligence materials available, including environmental reports, asbestos reports, demographic studies, redevelopment concepts, workforce housing analysis, and preliminary financial modeling. Contact listing brokers for further information.
The property benefits from excellent regional connectivity via Highway 50 and Interstate 25, proximity to major employers, healthcare systems, manufacturing operations, and logistics infrastructure. Preliminary redevelopment analysis indicates the potential for a 185-unit workforce housing conversion, helping address the growing need for attainable housing throughout Southern Colorado.
Potential incentive opportunities may include Enterprise Zone benefits, workforce housing programs, public-private partnerships, and other economic development initiatives. Buyer to independently verify all redevelopment potential, zoning, incentives, and program eligibility.
Extensive due diligence materials available, including environmental reports, asbestos reports, demographic studies, redevelopment concepts, workforce housing analysis, and preliminary financial modeling. Contact listing brokers for further information.
Property Facts
| Price | $650,000 | Building Size | 92,684 SF |
| Price Per Room | $3,514 | No. Rooms | 185 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1960/1985 |
| Property Subtype | Hotel | Parking Ratio | 0.86/1,000 SF |
| Building Class | F | Corridor | Exterior |
| Lot Size | 4.93 AC | ||
| Zoning | R6:RES/MUL - Code study and drawings completed for conversion to single occupancy studio apartments with kitchenettes/cooktops. Many commercial uses allowed also. | ||
| Price | $650,000 |
| Price Per Room | $3,514 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | F |
| Lot Size | 4.93 AC |
| Building Size | 92,684 SF |
| No. Rooms | 185 |
| No. Stories | 2 |
| Year Built/Renovated | 1960/1985 |
| Parking Ratio | 0.86/1,000 SF |
| Corridor | Exterior |
| Zoning | R6:RES/MUL - Code study and drawings completed for conversion to single occupancy studio apartments with kitchenettes/cooktops. Many commercial uses allowed also. |
Amenities
- Restaurant
- Outdoor Pool
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 8 | $99.00 | - |
| Guest Room | 177 | $59.00 | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0-4-30-1-15-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $131,000 |
Property Taxes
Parcel Number
0-4-30-1-15-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$131,000
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The Hudson | Workforce Housing Opportunity | 2001 N Hudson Ave