Pueblo Quadplex: Investor
For Sale
$620,000
49 Royal Crest Drive, Pueblo, CO 81005
Income-producing quadplex with four townhome units in Pueblo, Colorado.
Property Size3,808 SF
Price / SF$162.82
Days on Market230
Property Features for 49 Royal Crest Drive
General Information
Standard status
Active
Size
3,808 SF
Property subtype
Multi Family
Site & Location
Neighborhood
Regency
Taxes and HOA fees
Annual Taxes
$2,368
Building Details
Year Built
1980
Listing Agency:
Ed Prather Real Estate
(303) 870-4749
Listed By:
Tobias Trujillo · License #100078712
(720) 435-0137
Source:
Exitrealty
Added: Mar 14
Changed: Oct 25
Last Checked: Sep 15 at 4:09AM
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 Ed Prather Real Estate
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Investment Insights
Based on property information with market context.
Located in Pueblo's southside area, this property is an income-producing quadplex with four townhome units, each featuring 2 bedrooms and 2 bathrooms. The units have a two-story layout designed for comfortable living. The main level offers an open-concept floor plan that flows seamlessly between the living room, dining area, and kitchen. The kitchen sits just off the dining area with ample cabinetry and workspace. A convenient main-level bathroom and laundry area add practicality. Upstairs, there are two spacious bedrooms and a full bathroom, separated by a hallway. Each unit has its own private fenced backyard. All utilities are included in the lease except for electricity, which tenants place in their own name through Black Hills Energy. The property offers convenient access to shopping, dining, and everyday amenities, as well as easy connections to major roads for commuting. Pueblo is known for its vibrant community, outdoor recreation, and attractions such as the Historic Arkansas Riverwalk, parks, and local events. This property presents a great opportunity for investors or owner occupants to expand a rental portfolio or live in one unit while generating income from the others.
Key Highlights
- Income‑producing quadplex: Excellent investment opportunity with four townhome units.
- Each unit has 2 bedrooms and 2 bathrooms.
- Private fenced backyard for each unit.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,170
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,400
$623.4K
Cap Rate 7%
$445,286
$445.3K
Cap Rate 9%
$346,333
$346.3K
Market Conditions
NOI Build-Up for 3,808 SF
Gross rent
$46.2K $12.12/SF
− Vacancy
−$1.6K −$0.43/SF
EGI
$44.5K $11.69/SF
− OpEx
−$13.4K −$3.51/SF
NOI
$31.2K $8.19/SF
Area
Pueblo, CO
Vacancy
3.52%
Lease Rate
$12.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,400
Cap Rate 7%
$445,286
Cap Rate 9%
$346,333
Alternative Uses
Best Use
Multifamily LT 5
$445.3K
$389.6K – $519.5K
NOI $31,170 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$401.1K
$350.9K – $467.9K
NOI $28,075 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$793.5K
$694.3K – $925.8K
NOI $55,546 @ 7.0% cap · market cap 8.96%
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
444
Businesses Nearby
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Income-producing quadplex with four townhome units in Pueblo, Colorado.
Where is this quadplex located?
The property is located at 49 Royal Crest Drive Pueblo, CO.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Income‑producing quadplex: Excellent investment opportunity with four townhome units.; Each unit has 2 bedrooms and 2 bathrooms.; Private fenced backyard for each unit.
