Listing Agency: Marcus & Millichap - Denver

Listed By: Charles Burkhart · License #FA100103787

Source: Crexi

Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 3:31PM

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Investment Insights

Based on property information with market context.

This 76-unit affordable apartment community in Pueblo, Colorado, comprises two- and three-bedroom homes in buildings constructed between 1998 and 2003. Floor plans range from approximately 773 to 1,043 square feet, and the property occupies more than 6.4 acres. Affordability is governed by a Land Use Regulation Agreement, with units designated for households at 40%, 50%, and 60% of Area Median Income. The recorded affordability terms extend to approximately 2040–2044.

Key Highlights

• 76 apartment units on more than 6.4 acres
• Two- and three‑bedroom homes ranging from approximately 773 to 1,043 square feet
• Buildings constructed between 1998 and 2003

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm HVAC Service Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

76

Residential units

Location Intelligence

Trade Area within ½ mile

720

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Income-restricted homes include two- and three-bedroom layouts across a multi-building residential community.

Where is this apartment building located?

The property is located at 3520-3540 Baltimore Avenue Pueblo, CO.

What are key features of this property?

This property features: 76 apartment units on more than 6.4 acres; Two- and three‑bedroom homes ranging from approximately 773 to 1,043 square feet; Buildings constructed between 1998 and 2003