Pueblo, CO 81007,334 S Archdale DR
Pueblo, CO 81007,334 S Archdale DR
Pueblo, CO 81007,334 S Archdale DR
Pueblo, CO 81007,334 S Archdale DR
Pueblo, CO 81007,334 S Archdale DR
Pueblo, CO 81007,334 S Archdale DR
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$ 2,621,750
Est. payment | /mo

18,000 SqFt


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$ 2,621,750
Est. payment | /mo
Save

18,000 SqFt

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.

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

REColorado (REColorado MLS)
Listed by Your Castle Real Estate Inc
agent-avatar

+1(970) 948-4802

jonathan.boxer@christiesaspenre.com

600 East Hopkins Ave Suite 304, Aspen, Colorado, 81611, United States

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