3501 Baltimore Ave - Apartments FOR SALE


Pueblo, CO 81008- Sky View
$555,000 USD
417-459-2155
3501 Baltimore Ave, Pueblo, CO for Sale
$555,000 USD
Apartments - FOR SALE
1/10
null | 7.08% Cap Rate

3501 Baltimore Ave
Pueblo, CO 81008
Sky View


OVERVIEW

Cushman & Wakefield is pleased to present 3501 Baltimore Ave, Pueblo, CO 81008, a quadruplex located just off HWY 50 in Northwest Pueblo, CO. This opportunity is primed for an investor looking to benefit from solid, in-place returns as well as reap the reward of continuing to increase rents to market level. 3501 Baltimore Ave is comprised of 4 units and includes a spacious mix of 2-bedroom and 1-bathroom apartments homes with recent renovations and plenty of off-street parking. Units come equipped with washer & dryer hookups as well as a built in wall AC Unit. The property’s location near HWY 50 offers countless dining and retail options, further enhancing its appeal. Additionally, the adjacency to nearby parks and suburban amenities including Pueblo Country Club, Fairmount Park, and the newly constructed Centennial High School allows new coming residents to feel right at home. 3501 Baltimore Ave is perfectly positioned to capitalize on the high rental demand in the Pueblo market. With recent interior improvements to all units, fresh exterior paint and plenty of other capex improvements, this property is set to offer a prime investment. The allure of this asset is further amplified by the opportunity to enhance operational efficiency through increased rental income, as well as the limited number of performing properties currently available in the market. Current leases are $1150, $1025, $1025 & one vacant unit.

FOR SALE DETAILS

PRICE

$555,000 USD

PRICE/SF

$181 USD /SF

# OF UNITS

4

PRICE/UNIT

$138,750

CAP RATE

7.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3501 Baltimore

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

-

APN/PARCEL ID

0-5-14-4-24-005

ASK ABOUT THIS PROPERTY

Lee WagnerCushman & WakefieldMore Info
417-459-2155

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Lee WagnerCushman & WakefieldMore Info
417-459-2155

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.