Turnkey Short-Term Rental
515 W 11th St Pueblo, CO 81003
515 W 11th St, Pueblo, CO, 81003
$489,900
For Sale
$489,900
Fully operational short-term rental sold furnished, with a new roof and recent HVAC, plumbing, and electrical updates.
Property Size1,944 SF
Price / SF$252.01
Days on Market98
Property Features for 515 W 11th St
General Information
- Standard status
- Active
- Size
- 1,944 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing agency
Schwabe Real Estate Inc
(719) 406-1099
Listed by
Bill Schwabe · License #Eb00275181
(719) 406-1099
Source
Exitrealty
Added: Apr 15 Updated: Jul 21 at 2:30PM Checked: Jul 21 at 2:30PM
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 Schwabe Real Estate Inc
Investment Insights
Based on property information with market context.
This turnkey short-term rental property is fully operational and includes furniture, appliances, washer and dryer units, and household items, allowing immediate continuation of operations. The home is supported by major recent capital improvements, including a brand new roof with new plywood decking, along with new gutters and downspouts. Additional updates reported within the past year include HVAC, plumbing, and electrical improvements.
The property is described as being located in a high-demand area near hospitals, downtown, and major employers, supporting consistent demand throughout the year.
As offered, the layout and onsite systems are positioned for low-maintenance ownership, with the included furnishings and equipment designed to support short-term rental use from day one.
The property is described as being located in a high-demand area near hospitals, downtown, and major employers, supporting consistent demand throughout the year.
As offered, the layout and onsite systems are positioned for low-maintenance ownership, with the included furnishings and equipment designed to support short-term rental use from day one.
Key Highlights
- Fully operational short‑term rental currently generating income via Airbnb, VRBO, and mid‑term rental strategies
- Sold fully furnished, including all furniture, appliances, washer and dryer units, and household items
- Brand new roof with new plywood decking, plus new gutters and downspouts
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 | $27.1k | $13.92 |
| − Vacancy | −$1.0k | −$0.52 |
| EGI | $26.1k | $13.40 |
| − OpEx | −$11.7k | −$6.03 |
| NOI | $14.3k | $7.37 |
1,944 SF · lease $13.92/SF/yr · vacancy 3.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$204.8K
$179.2K – $238.9K
NOI $14,333 @ 7.0% cap · market cap 2.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$405.1K
$354.5K – $472.6K
NOI $28,356 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
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FAQs
What type of property is this?
Short term rental property - Fully operational short-term rental sold furnished, with a new roof and recent HVAC, plumbing, and electrical updates.
Where is this short term rental property located?
The property is located at 515 W 11th St Pueblo, CO.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Fully operational short‑term rental currently generating income via Airbnb, VRBO, and mid‑term rental strategies; Sold fully furnished, including all furniture, appliances, washer and dryer units, and household items; Brand new roof with new plywood decking, plus new gutters and downspouts
