$600,000 Price Analysis    ♡   Pueblo, CO 81007 Unknown bed 0 bath 4,340 SqFt ($138/SqFt) Built 1998 Listed 2024-06-19, Taxes $2,470 | Ⓧ USDA Ineligible due to location near Pueblo |
Capstone is pleased to present the Pueblo West Fourplex Portfolio
A unique opportunity to acquire a portfolio of four well maintained fourplex multifamily properties, totaling 16 vast two-bedroom units. Each property is strategically situated within 10 minutes of major national retailers, scenic hiking trails and recreational amenities like Lake Pueblo State Park. The portfolio provides risk diversification by spreading risk across different locations and tenant bases.
Managing a portfolio of fourplexes is often simpler than managing a large building, with issues in one fourplex not affecting th others. Additionally, the ability to sell individual fourplexes provides flexibility in disposition strategy and more potential profitability This property is being sold as a part of a portfolio and must be sold together with the following addresses: 88 Cokedale Drive #94, 115 S Abarr Dr #121, 194 E Spaulding Ave #200, Pueblo West, CO 81007. The combined purchase price for all properties is $2, 400, 000.
Presented by Adam Riddle at
Capstone Apartment Partners, LLC.
Property MLS #5171107 from REcolorado
Heating Features: Forced Air
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
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Pueblo
Tax Year: 2023
Source Property Type: Residential Income
Exclusions: Tenant Personal Property.
Source Neighborhood: PUEBLO WEST
Parcel Number: 0-6-02-4-12-004
Subdivision: PUEBLO WEST
Zoning: R-5
Property Subtype: Quadplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $22,420 + $2,190 $24,610 | $2,470 |
| 2021 | $23,570 + $2,300 $25,870 | $2,588 |
| 2020 | $18,860 + $2,300 $21,160 | $2,131 |
| 2019 | $20,697 + $576 $21,273 | $2,125 |
| 2018 | $17,367 + $580 $17,947 | $1,794 |
| 2017 | $17,367 + $580 $17,947 | $1,796 |
| 2016 | $17,456 + $641 $18,097 | $1,808 |
| 2015 | $17,456 + $641 $18,097 | $1,793 |
| 2014 | $16,625 + $641 $17,266 | $1,712 |
| 2013 | $16,625 + $641 $17,266 | $1,686 |
| 2011 | $16,964 + $641 $17,605 | $1,726 |
| 2010 | $16,964 + $641 $17,605 | $1,870 |
| 2008 | $18,240 + $340 $18,580 | $1,856 |
| 2007 | $18,240 + $340 $18,580 | $1,884 |
$600,000
REcolorado
Sold 2004-12-02
$225,000
Public Record
Year Built: 1998
Above Grade Finished Area: 4340
Common Walls: 1 Common Wall, 2+ Common Walls
Construction Materials: Frame
Levels: Two
Property Age: 26
Property Attached: Yes
Structure Type: Quadruplex
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.