Well-Maintained 12-Unit Townhome
2 Stanford Avenue Pueblo, CO 81005
2 Stanford Avenue, Pueblo, CO, 81005
$3,000,000
For Sale
$3,000,000
South side 12-unit townhome complex near shopping centers.
Property Size14,880 SF
Price / SF$201.61
Days on Market299
Property Features for 2 Stanford Avenue
General Information
- Standard status
- Active
- Size
- 14,880 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1990
Listing Agency
RE/MAX
(719) 924-0317
Listed by
Beth Gladney · License #EA40016975
Source
Remaxcommercial
Added: Sep 25, 2025 Updated: Jul 6 at 8:12 am Checked: Jul 19 at 1:44 am
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
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.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $207.1k | $13.92 |
| − Vacancy | −$7.7k | −$0.52 |
| EGI | $199.5k | $13.40 |
| − OpEx | −$89.8k | −$6.03 |
| NOI | $109.7k | $7.37 |
14,880 SF · lease $13.92/SF/yr · vacancy 3.70% · expense 45.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
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.
