Well-Maintained 12-Unit Townhome
For Sale
$3,000,000
2 Stanford Avenue, Pueblo, CO 81005
South side 12-unit townhome complex near shopping centers.
Property Size14,880 SF
Price / SF$201.61
Days on Market396
Property Features for 2 Stanford Avenue
General Information
Standard status
Active
Size
14,880 SF
Class
C
Total Parking Spaces
24
Property subtype
Multi-Family
Zoning
R-5
Site & Location
Neighborhood
Sunset
Building Details
Building Size
14,880 SF
Year Built
1990
Listing Agency:
RE/MAX
Listed By:
Beth Gladney · License #FA1000076157
(719) 671-6776
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Oct 3
Last Checked: Oct 24 at 1:28PM
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 RE/MAX
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a well-maintained 12-unit townhome complex located on the south side. The property consists of 3 buildings, each containing 4 units. Each unit features 3 bedrooms and 2 bathrooms, with an approximate area of 1,240 square feet. The total property size is 14,880 square feet. The complex is located steps from two large shopping centers, including Safeway and King Soopers.
Key Highlights
- Spacious 3‑bedroom, 2‑bath townhome units.
- Conveniently located steps from Safeway and King Soopers shopping centers.
- Well‑maintained 12‑unit townhome complex.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,706
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,194,120
$2.2M
Cap Rate 7%
$1,567,229
$1.6M
Cap Rate 9%
$1,218,956
$1.2M
Market Conditions
NOI Build-Up for 14,880 SF
Gross rent
$207.1K $13.92/SF
− Vacancy
−$7.7K −$0.52/SF
EGI
$199.5K $13.40/SF
− OpEx
−$89.8K −$6.03/SF
NOI
$109.7K $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%
$2,194,120
Cap Rate 7%
$1,567,229
Cap Rate 9%
$1,218,956
Alternative Uses
Best Use
Apartment 5plus
$1.57M
$1.37M – $1.83M
NOI $109,706 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.10M
$2.71M – $3.62M
NOI $217,049 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
Explore this area
Business Placement
Demographics for 81005, CO
31,327
Population
13,578
Households
2.3
Avg Household Size
44
Median Age
26%
College-Educated
93%
High-School Grad
198.7 sq mi
ZIP Area
158
Density / Sq Mi
$67,500
Median Household Income
$45,198
Median Earnings
$990
Median Rent
$282,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - South side 12-unit townhome complex near shopping centers.
Where is this apartment building located?
The property is located at 2 Stanford Avenue Pueblo, CO.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Spacious 3‑bedroom, 2‑bath townhome units.; Conveniently located steps from Safeway and King Soopers shopping centers.; Well‑maintained 12‑unit townhome complex.
