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41-47 Cokedale Dr 4 Unit Apartment Building $780,000 ($195,000/Unit) 6.64% Cap Rate Pueblo West, CO 81007
INVESTMENT HIGHLIGHTS
- Solid Pueblo West location with good access to excellent schools, shopping, restaurants, library, Civic Center Park & near Desert Hawk Golf Course
- Value add/ upside with the current rents below market and a 1.09 Acre lot which could allow for an additional 4 unit building to be added
- Large 2 BD 2BA units (over 1100 sf) with garages and great appeal to high quality long term tenants for stable cash flow
EXECUTIVE SUMMARY
A high quality four unit very well located in Pueblo West features two bedroom two bath units over 1100 square feet, garages on approximately one acre lot which could allow for an additional four units to be constructed in the future.
This property has remained 100% full to high quality tenants for several years.
Please do not disturb or approach tenants. Contact listing agent with any questions or to see interior pictures.
This property has remained 100% full to high quality tenants for several years.
Please do not disturb or approach tenants. Contact listing agent with any questions or to see interior pictures.
PROPERTY FACTS
| Price | $780,000 | Building Class | C |
| Price Per Unit | $195,000 | Lot Size | 1.09 AC |
| Sale Type | Investment | Building Size | 4,932 SF |
| Cap Rate | 6.64% | No. Stories | 2 |
| No. Units | 4 | Year Built | 1999 |
| Property Type | Multifamily | Parking Ratio | 2.75/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R-5 - We believe this lot size could allow for an additional 4 units to be constructed for a total of 8 units. | ||
| Price | $780,000 |
| Price Per Unit | $195,000 |
| Sale Type | Investment |
| Cap Rate | 6.64% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.09 AC |
| Building Size | 4,932 SF |
| No. Stories | 2 |
| Year Built | 1999 |
| Parking Ratio | 2.75/1,000 SF |
| Zoning | R-5 - We believe this lot size could allow for an additional 4 units to be constructed for a total of 8 units. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Kitchen
- Range
- Large Bedrooms
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 4 | $1,380 | 1,100 |
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PROPERTY TAXES
| Parcel Number | 0-6-14-1-04-020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $32,700 |
PROPERTY TAXES
Parcel Number
0-6-14-1-04-020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$32,700
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41-47 Cokedale Dr
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