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Capstone Apartment Partners is pleased to present an exceptional investment opportunity in Pueblo, Colorado – a newly renovated 24-unit multifamily apartment comprised of large two-bedroom units. Strategically located in Pueblo West with easy highway access, this property offers an attractive prospect for investors seeking substantial returns.
- Fully Renovated – The current owners have made significant investments to renovate the entire property. This offers a desirable living experience for tenants.
This property presents the opportunity to achieve an impressive capitalization rate above 7.25%, showcasing its potential as a lucrative investment in the current market landscape.
- Spacious Two-Bedroom Units: All 24 units are generously sized two-bedroom apartments, appealing to a wide range of renters, including small families, young professionals, and individuals looking for comfortable and spacious living spaces.
- Convenient Location: Situated in Pueblo West, the property enjoys excellent connectivity to major highways, making it highly accessible for residents commuting to work or exploring the region’s attractions.
- Proximity to Lake Pueblo State Park: Nature enthusiasts and outdoor lovers will appreciate the property’s proximity to Lake Pueblo State Park, offering an array of recreational activities less than 15 minutes away.