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$401,667   Price Analysis
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981 S Coral Pl Unit 983
Pueblo, CO 81007
6 bed 6 bath 3,760 SqFt ($106/SqFt)
Built 2007
Listed 2024-06-19, Taxes $2,320
Ⓧ USDA Ineligible
due to location

near Pueblo

Capstone is pleased to present this portfolio of three duplexes in Pueblo West

CO presents an excellent investment opportunity for commercial real estate investors. The six sizeable two and three-bedroom units feature recent roof replacements, central A/C in two buildings, in-unit washer and dryer hookups and attractive backyards. Conveniently located within blocks of each other, these properties ensure efficient management. With lower entry cost compared to larger multifamily buildings, risk diversification across multiple properties, ease of management, high appreciation potential in a desirable neighborhood and multiple exit strategies, this portfolio offers both flexibility and profitability for discerning investors.

This property is being sold as a part of a portfolio and must be sold together with the following addresses: 287-289 West Acorn Drive, 409 W Coral Dr #411. The combined purchase price for all properties is $1, 205, 000.


Presented by Adam Riddle at
Capstone Apartment Partners, LLC.


Property MLS #7866169 from REcolorado

Bedrooms: 6

Total Bathrooms: 6
Full Bathrooms: 6

Cooling Features: Central Air
Heating Features: Forced Air

Basement Description: Finished

Attached Garage: Yes
Garage Spaces: 4
Parking Total: 4

Elementary School: Avondale
Elementary School District: Pueblo County 70
High School: Pueblo West
High School District: Pueblo County 70
Middle School: Beulah
Middle or Junior School District: Pueblo County 70

Desert Sage Elementary School is a public elementary school located approximately 0.2 miles away.
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Pueblo West High School is a public high school located approximately 1.3 miles away.
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Sky View Middle School is a public middle school located approximately 1.3 miles away.
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Pueblo West Christian Academy is a private elementary, middle and high school located approximately 1.9 miles away.
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Gross Income: 31730.00

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 2648.00
Source Listing Status: Active
County: Pueblo
Tax Year: 2023
Source Property Type: Residential Income
Exclusions: Tenant Personal Property.
Source Neighborhood: Pueblo West
Parcel Number: 0-6-22-1-01-011
Subdivision: Pueblo West
Zoning: R-3
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$21,108 + $2,010
$23,118
$2,320
2021$22,190 + $2,110
$24,300
$2,429
2020$22,190 + $2,110
$24,300
$2,141
2019$21,005 + $358
$21,363
$2,134
2018$18,310 + $324
$18,634
$1,863
2017$18,310 + $324
$18,634
$1,865
2016$17,747 + $517
$18,264
$1,825
2015$17,747 + $517
$18,264
$1,809
2014$16,158 + $597
$16,755
$1,661
2013$16,158 + $597
$16,755
$1,636
2011$16,428 + $796
$17,224
$1,689
2010$16,428 + $796
$17,224
$1,710
2008$17,040 + $760
$17,800
$1,778
2007$unknown + $2,780
$2,780
$282

Listed 2024-06-19
$401,667
REcolorado
Sold 2018-07-02
$230,000
Public Record
Sold 2009-01-30
$220,000
Public Record

Operating Expense: 7174.34

Total Square Feet Living: 3760
Year Built: 2007
Above Grade Finished Area: 1960
Common Walls: 1 Common Wall
Construction Materials: Frame
Levels: One
Property Age: 17
Property Attached: Yes
Structure Type: Duplex

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.