Furnished Short-Term
New
For Sale
$444,900
515 W 11th St, Pueblo, CO 81003
Furnishings, appliances, and household items are included, along with recent updates to key building systems.
Property Size1,944 SF
Price / SF$228.86
Days on Market4
Property Features for 515 W 11th St
General Information
Standard status
Active
Size
1,944 SF
Property subtype
Quadruplex
Site & Location
Neighborhood
Northside
Additional Details
Furnished
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$1,236
Building Details
Building Size
1,944 SF
Year Built
1900
Listing Agency:
Schwabe Real Estate Inc
Listed By:
Bill Schwabe · License #EB00275181
(719) 546-3782
Source:
Curtisryanrealestate
Added: Oct 26
Last Checked: Oct 26 at 2:51PM
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
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Investment Insights
Based on property information with market context.
At 515 W 11th St in Pueblo, Colorado, this 1,944-square-foot short-term rental property was built in 1900. The sale includes furniture, appliances, washer and dryer units, and household items, providing a furnished setup for continued rental use.
Building work includes a new roof with plywood decking, gutters, and downspouts. HVAC, plumbing, and electrical improvements were completed within the past year.
Building work includes a new roof with plywood decking, gutters, and downspouts. HVAC, plumbing, and electrical improvements were completed within the past year.
Key Highlights
- 1,944‑square‑foot short‑term rental property
- Furniture, appliances, washer and dryer units, and household items included
- New roof with plywood decking, gutters, and downspouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,912
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,240
$318.2K
Cap Rate 7%
$227,314
$227.3K
Cap Rate 9%
$176,800
$176.8K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$23.6K $12.12/SF
− Vacancy
−$829 −$0.43/SF
EGI
$22.7K $11.69/SF
− OpEx
−$6.8K −$3.51/SF
NOI
$15.9K $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%
$318,240
Cap Rate 7%
$227,314
Cap Rate 9%
$176,800
Alternative Uses
Best Use
Multifamily LT 5
$227.3K
$198.9K – $265.2K
NOI $15,912 @ 7.0% cap · market cap 3.58%
Second Best
Apartment 5plus
$204.8K
$179.2K – $238.9K
NOI $14,333 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$405.1K
$354.5K – $472.6K
NOI $28,356 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,016
Businesses Nearby
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Business Placement
Demographics for 81003, CO
15,169
Population
6,233
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
80%
High-School Grad
12.2 sq mi
ZIP Area
1,243
Density / Sq Mi
$43,750
Median Household Income
$33,941
Median Earnings
$847
Median Rent
$178,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Short term rental property - Furnishings, appliances, and household items are included, along with recent updates to key building systems.
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 $444,900.
What are key features of this property?
This property features: 1,944‑square‑foot short‑term rental property; Furniture, appliances, washer and dryer units, and household items included; New roof with plywood decking, gutters, and downspouts
