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224-228 W 3rd St
Pueblo, CO 81003
Multifamily Property For Sale
·
7 Units
Investment Highlights
- In the Heart of Downtown Pueblo, walking distance from Historic Riverwalk and all amenities
Executive Summary
This facility received a new roof, doors, windows and flooring around 2021.
Property Facts
| Price Per Unit | $142,643 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 9,048 SF |
| Cap Rate | 8.53% | Average Occupancy | 90% |
| Sale Condition | 1031 Exchange | No. Stories | 2 |
| No. Units | 7 | Year Built/Renovated | 1900/2023 |
| Property Type | Multifamily | Parking Ratio | 1.77/1,000 SF |
| Property Subtype | Apartment | Cross Streets | Court St |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | B-4, Pueblo - Multi use with 7 residential apartments and 3 store fronts with 2,000sf of space, used as a salon since 1946 | ||
| Price Per Unit | $142,643 |
| Sale Type | Investment |
| Cap Rate | 8.53% |
| Sale Condition | 1031 Exchange |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 9,048 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2023 |
| Parking Ratio | 1.77/1,000 SF |
| Cross Streets | Court St |
| Opportunity Zone |
Yes |
| Zoning | B-4, Pueblo - Multi use with 7 residential apartments and 3 store fronts with 2,000sf of space, used as a salon since 1946 |
Amenities
Site Amenities
- 24 Hour Access
- Controlled Access
- Gas Range
- Smoke Free
- Wi-Fi
- Storage Space
- Bicycle Storage
- Multi Use Room
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $850.00 | 500 |
| 2+1.5 | 3 | $1,325 | 500 - 1,000 |
Property Taxes
| Parcel Number | 0-5-36-1-29-006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $44,400 |
Property Taxes
Parcel Number
0-5-36-1-29-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$44,400
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