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    2400 Lake Ave Pueblo, CO 81004

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    For Sale
    $1,150,000

    MULTI_FAMILY - Ranch - Pueblo, CO

    Type:Single Family Residence
    Property size:
    4,648 SF
    Lot size:
    1.46 Acres
    Price / SF:
    $247/SF
    Added:
    Apr 7, 2026
    Days on Market:
    27
    Last Refresh:
    May 3 at 12:06 am

    Property Features for 2400 Lake Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    MU
    Bedrooms
    37
    Bathrooms
    28
    Rooms
    Bathroom 27, Bedroom 33, Bedroom 37, Bedroom 6, Bedroom 17, Bathroom 24, Bedroom 13, Bathroom 22, Bedroom 12, Bedroom 4, Bathroom 10, Bathroom 4, Bedroom 27, Bedroom 7, Bedroom 31, Bathroom 3, Bathroom 14, Bathroom 17, Bathroom 7, Bathroom 12, Bedroom 35, Bedroom 26, Bathroom 5, Bedroom 30, Bedroom 23, Bathroom 2, Bathroom 23, Bedroom 29, Bathroom 20, Bathroom 1, Bedroom 32, Bedroom 14, Bathroom 11, Bathroom 21, Bathroom 25, Bedroom 1, Bedroom 34, Bedroom 36, Bedroom 21, Bathroom 9, Bathroom 13, Bathroom 19, Bathroom 28, Bedroom 15, Bedroom 5, Bedroom 20, Bedroom 24, Bathroom 16, Bedroom 18, Bedroom 9, Bedroom 3, Bedroom 8, Bedroom 16, Bathroom 26, Bedroom 19, Bathroom 6, Bedroom 2, Bedroom 28, Bedroom 11, Bedroom 25, Bathroom 8, Bathroom 15, Bathroom 18, Bedroom 10, Bedroom 22
    Parking features
    Offsite
    Window features
    Wood Frames
    Patio and Porch features
    Porch
    Interior features
    New Paint, Walk-in Shower
    Basement
    Crawl Space
    Appliances
    Refrigerator-Some, Electric Range-Some
    Standard status
    Active
    APN
    1513244001
    Size
    4,648 SF
    Lot size
    1.46 Acres

    Taxes and HOA fees

    Tax Year
    5205
    Tax Description
    PARCEL 1: Lots 1 to 14, Block 19, Eastlake, County of Pueblo, State of Colorado; PARCEL 2: Lots 17 to 22, Block 20, Eastlake, County of Pueblo, State of Colorado
    Tax Annual Amount
    5205

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Forced Air
    Water source
    Public

    Building Details

    Year built
    1930
    Number of units
    35
    Building materials
    Stucco
    Roof type
    Flat
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Alayna Koehn

    Listing agent Alayna Koehn

    Listing office HomeSmart CO

    Listing date Apr 7, 2026

    MLS# 239131 Listing URL

    Copyright © 2026 Pueblo Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Avenue Investment Opportunity

    Located in the Lake Minnequa area, this investment opportunity features a mobile home park with apartments on 1.46 acres. The property includes 23 mobile home pads, with 14 park-owned mobile homes (4 needing repairs), 6 tenant-owned mobiles (lot rent only), and 3 pads occupied by park-owned camper trailers. Additionally, there are 11 one-story studio and one-bedroom apartment units, and a corner single-family house requiring TLC. The single-family house could potentially be used as a rental unit, laundry facility, or for other income possibilities. The property's location provides residents with convenient access to I-25, St. Mary-Corwin Hospital, Lake Minnequa's outdoor recreation, Wal-Mart, restaurants, and shopping. The property is being sold in compliance with Colorado Revised Statute 38-12-217. The square footage of the single-family home and apartment buildings is 4648 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shamrock Trailer Park Campground & RV Park Apartments and Trailers Vacation Rental Shamrock Apartments Apartment Building

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pueblo
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.6248067
    Latitude
    38.226594

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    FAQs

    What type of property is this?
    Mobile home & RV park - Mobile home park with apartments and single-family house.
    Where is this mobile home & rv park located?
    The property is located at 2400 Lake Ave Pueblo, CO.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Strong income potential from 35 total rental spaces.; Versatile property with multiple revenue streams.; Prime location in the heart of the Lake Minnequa area, offering convenient access to amenities.
    (719) 290-0269
    We can help!
    Listing Contact
    Alayna Koehn
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    2400 Lake Ave, Pueblo, CO 81004

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