628 E Clarion Dr - Apartments FOR SALE


Pueblo West, CO 81007
$2,790,000 USD
417-459-2155
628 E Clarion Dr, Pueblo West, CO for Sale
$2,790,000 USD
Apartments - FOR SALE
1/7
null | 7.13% Cap Rate

628 E Clarion Dr
Pueblo West, CO 81007


OVERVIEW

This offering presents a unique investment opportunity in Pueblo West, Colorado, consisting of 24 spacious 3-bedroom, 2-bathroom units with attached garages, located in a well-maintained, desirable neighborhood. The property has an existing LURA agreement in place with 14 years remaining. The Clarion Street Portfolio consists of 12 duplex buildings, all constructed in 1998, positioned on a single street, providing a cohesive and stable asset for long-term investment. Located in Pueblo West, a supply constrained sub-market of Southern Colorado. The property offers easy access to local amenities such as Desert Hawk GC, Lake Pueblo Reservoir, grocery & retail, and major roadways such as Hwy 50 and I-25. This property represents a rare opportunity to acquire a well-located, cash-flowing asset in a desirable community with a clear long-term rental upside.

FOR SALE DETAILS

PRICE

$2,790,000 USD

PRICE/SF

$94 USD /SF

# OF UNITS

24

PRICE/UNIT

$116,250

CAP RATE

7.13%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clarion Drive Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1998

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,192 SF

ZONING

R5

APN/PARCEL ID

0-5-07-0-46-007,0-5-07-0-46-008,0-5-07-0-46-009,0-5-07-0-46-010,0-5-07-0-46-011,0-5-07-0-46-012,0-5-07-0-46-013

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.