671 Clarion Dr Pueblo West, CO 81007

This exceptional Class A, 18-unit apartment building presents a compelling investment opportunity in the thriving Pueblo West, Colorado market. Completed in 2024, this new construction property boasts three buildings, each housing six units across a spacious 36,000 square foot lot. The complex features a mix of twelve 2-bedroom, 2-bathroom units and six 3-bedroom, 2-bathroom units, all designed with modern amenities including balconies or patios and covered parking for 17 vehicles, with additional uncovered spaces available. Accessible main-level units are also included. With a total of 18,492 square feet of net rentable space, the property commands a price of $237.94 per square foot and offers a compelling 6.50% cap rate, generating a net operating income (NOI) of $286,020. The property's strategic location less than a mile from downtown Pueblo West provides convenient access to a range of amenities, including a nearby upcoming Aquatic Center, major medical facilities, shopping, dining, and entertainment options. Its proximity to Lake Pueblo, a popular recreational destination attracting over two million visitors annually, further enhances its appeal. The R-5 zoning and ample parking (32 spaces) contribute to the property's overall value. This is an ideal investment for those seeking a strong, long-term hold in a rapidly growing area, with easy access to Pueblo, Canon City, and Colorado Springs. The asking price is $4,400,000, representing a price per unit of $244,444.44. The property's APN is 0507015061.