Vinewood 5 Apartments Multi-Family FOR SALE


Pueblo, CO
$3,100,000 USD
303-962-9566
, Pueblo, CO for Sale
$3,100,000 USD
Multi-Family - FOR SALE
1/14
null | 7.58% Cap Rate

Vinewood 5 Apartments
Pueblo, CO


HIGHLIGHTS

  • Excellent Cash flowing 36 Unit Portfolio in Southwest Pueblo
  • Three 12 Unit Buildings consisting of 30 - 2Br/1Ba units and 6 - 1Br/1Ba units
  • Over 60% of the units have been updated during current ownership
  • Proforma Rents Already Being Achieved
  • Priced at Less than $100/Sf and only $86,111/Unit!

OVERVIEW

VINEWOOD 5 APARTMENTS 1936 & 2018 Vinewood Lane and 1691 Moore Avenue – 36 units across 3, 12-unit buildings (6 – 1Br/1ba, 30 – 2Br/1Ba). All three buildings were built in 1972 and have gone through a heavy renovation plan over the past 2.5 years. Over 60% of the units have been updated during this time period leaving value-add upside for the next owner through a proven unit renovation strategy. The 1936 and 2018 Vinewood buildings have new exterior paint, new gutters and mansards, and the 1691 Moore building has a new boiler among other building upgrades.

ASK ABOUT THIS PROPERTY

Chris KnowltonPinnacle Real Estate AdvisorsMore Info
303-962-9566

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Chris KnowltonPinnacle Real Estate AdvisorsMore Info
303-962-9566

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