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334 S Archdale DR Pueblo, CO 81007
18,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 18,000 sqft
Price per Sqft $145
MLS Listing ID 9249675
Style Traditional
HOA Y/N No
Year Built 1974
Annual Tax Amount $10,828
Tax Year 2024
Property Sub-Type Multi Family
Source recolorado
Property Description
Pueblo West Apartments represents the opportunity to acquire and capitalize on a nicely improved, stable, and well performing rental community in the expanding Pueblo West residential neighborhood. In addition to multiple capital improvements to the property, many of the units have been updated leaving the next owner the opportunity to benefit and continue to obtain upside with continued modest interior improvements as units roll over in the coming years.
The units offer nicely sized closet space in each bedroom, individual residential hot water tanks, and forced air for heating and cooling the units. For resident convenience there is a laundry room located on property which contains 2 sets of brand new washers and dryers.
The immediate neighborhood consists of an assisted living facility directly to the East along with other small rental communities as well as being surrounded by single family residential homes and undeveloped land. Retail and convenience services are located slightly NW of the property at the intersection of HWY 50 and Purcell Blvd.
The community is in close proximity to Pueblo Reservoir, The Lake Pueblo State Park, Pueblo Zoo and a quick 15-20 minute drive to the heart of Pueblo. Pueblo West is a community of roughly 35,000 residents and 12,000 households in a rural atmosphere situated near the Intersection of State HWY 50 and I-25 which allows for residents to quickly reach the amenities of Colorado Springs and the joys of the Colorado Rocky Mountains.
The asset is well positioned to allow for new ownership to take advantage of lower maintenance expenses as a result of the many capital improvement projects as well as incorporating a lower management expense to increase Net Income immediately.
The community is in close proximity to Pueblo Reservoir, Pueblo Zoo and a quick 15-20 minute drive to the heart of Pueblo.
The units offer nicely sized closet space in each bedroom, individual residential hot water tanks, and forced air for heating and cooling the units. For resident convenience there is a laundry room located on property which contains 2 sets of brand new washers and dryers.
The immediate neighborhood consists of an assisted living facility directly to the East along with other small rental communities as well as being surrounded by single family residential homes and undeveloped land. Retail and convenience services are located slightly NW of the property at the intersection of HWY 50 and Purcell Blvd.
The community is in close proximity to Pueblo Reservoir, The Lake Pueblo State Park, Pueblo Zoo and a quick 15-20 minute drive to the heart of Pueblo. Pueblo West is a community of roughly 35,000 residents and 12,000 households in a rural atmosphere situated near the Intersection of State HWY 50 and I-25 which allows for residents to quickly reach the amenities of Colorado Springs and the joys of the Colorado Rocky Mountains.
The asset is well positioned to allow for new ownership to take advantage of lower maintenance expenses as a result of the many capital improvement projects as well as incorporating a lower management expense to increase Net Income immediately.
The community is in close proximity to Pueblo Reservoir, Pueblo Zoo and a quick 15-20 minute drive to the heart of Pueblo.
Location
State CO
County Pueblo
Zoning R-5
Interior
Fireplace N
Exterior
Parking Features Asphalt
Utilities Available Cable Available, Electricity Available, Electricity Connected
Roof Type Composition
Total Parking Spaces 38
Garage No
Building
Lot Description Landscaped
Sewer Public Sewer
Structure Type Brick,Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Your Castle Real Estate Inc