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500 State St
Trinidad, CO 81082
State Street Village · Multifamily Property For Sale · 48 Units

PROPERTY FACTS

No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.64 AC
Building Size 24,500 SF
No. Stories 3
Year Built 1965
Parking Ratio 1.5/1,000 SF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Heating
  • Refrigerator
  • Range
  • Walk-In Closets
  • Carpet
  • Wi-Fi
  • Intercom
  • Smoke Free

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Video Patrol
  • Smoke Free
  • Smoke Detector

ABOUT 500 STATE ST , TRINIDAD, CO 81082

Prospect Plaza Apartments is a 48-unit multifamily community located in Trinidad, CO. Built in 1965, the property boasts an attractive unit mix of (24) studio/one-bathroom units, (7) one-bedroom/one-bathroom units, and (17) two-bedroom/one-bathroom units. Current ownership has improved the property by upgrading units with modern fixtures, installing video patrol cameras throughout the property, upgrading community laundry rooms, and adding a brand new roof to each of the three buildings. Tenants enjoy complimentary Wi-Fi and basic cable. The units have air conditioning, and are equipped with dishwashers, garbage disposals, walk-in closets, Wi-Fi, and intercoms. Site amenities include coin-operated laundry facilities, on-site property manager, and video patrol. Additional value can be added by carpeting and painting common area stairwells and hallways as well as continue unit upgrades as they turn over.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 24 - 450
1+1 7 - 500
2+1 17 - 600

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10083600
Land Assessment
$5,650
Improvements Assessment
$76,780
Total Assessment
$82,430
  • Listing ID: 12414826

  • Date on Market: 4/30/2018

  • Last Updated:

  • Address: 500 State St, Trinidad, CO 81082

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