Cash-Flowing 5-Unit Investment
For Sale
$450,000
1010-1012 West St, Pueblo, CO 81003
Turnkey investment with strong cash flow and room to grow.
Property Size3,008 SF
Days on Market189
Property Features for 1010-1012 West St
General Information
Standard status
Active
Size
3,008 SF
Property subtype
Commercial
Site & Location
Neighborhood
Northside
Taxes and HOA fees
Annual Taxes
$3,243
Building Details
Building Size
3,008 SF
Year Built
1903
Units
5
Listing Agency:
eXp Realty, LLC
Listed By:
Dan Fortune · License #036166
(720) 515-9022
Source:
Elliman
Added: Apr 24
Changed: Oct 25
Last Checked: Oct 28 at 8:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC
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Investment Insights
Based on property information with market context.
This investment opportunity features a cash-flowing 5-unit property in Central Pueblo. The offering includes two properties, totaling five units, professionally managed and generating above-market rents. The units have been updated to attract quality tenants, with improvements that command premium rents and minimize vacancy. The location is just minutes from downtown, Riverwalk, and key transit routes. The property is located at 1010-1012 West St, Pueblo, CO 81003. The sale includes both properties as a single 5-unit investment package. The combined square footage across both parcels is included in the listing. The property has a bike score of 47, indicating it is somewhat bikeable, and a walk score of 51, indicating it is somewhat walkable. This portfolio is positioned for long-term appreciation and immediate returns, with Pueblo's rental demand on the rise.
Key Highlights
- Cash‑flowing 5‑unit property generating above‑market rents.
- Professionally managed with strong in‑place cash flow and room to grow.
- Updated units attract quality tenants and minimize vacancy.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,177
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,540
$443.5K
Cap Rate 7%
$316,814
$316.8K
Cap Rate 9%
$246,411
$246.4K
Market Conditions
NOI Build-Up for 3,008 SF
Gross rent
$41.9K $13.92/SF
− Vacancy
−$1.5K −$0.52/SF
EGI
$40.3K $13.40/SF
− OpEx
−$18.1K −$6.03/SF
NOI
$22.2K $7.37/SF
Area
Pueblo, CO
Vacancy
3.70%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,540
Cap Rate 7%
$316,814
Cap Rate 9%
$246,411
Alternative Uses
Best Use
Apartment 5plus
$316.8K
$277.2K – $369.6K
NOI $22,177 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$626.8K
$548.5K – $731.3K
NOI $43,877 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
2,232
Businesses Nearby
Explore this area
Business Placement
Demographics for 81003, CO
15,169
Population
6,233
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
80%
High-School Grad
12.2 sq mi
ZIP Area
1,243
Density / Sq Mi
$43,750
Median Household Income
$33,941
Median Earnings
$847
Median Rent
$178,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Turnkey investment with strong cash flow and room to grow.
Where is this apartment building located?
The property is located at 1010-1012 West St Pueblo, CO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Cash‑flowing 5‑unit property generating above‑market rents.; Professionally managed with strong in‑place cash flow and room to grow.; Updated units attract quality tenants and minimize vacancy.
