41-47 W COKEDALE DR, PUEBLO WEST, CO 81007
High Quality Well Located Four Plex
Marketing description
41-47 W COKEDALE DR, PUEBLO WEST, CO 81007
This offering is a high quality four unit with garages & very well located in Pueblo West. The property features four large (over 1,100 square feet) two bedroom two bath units in very good condition and situated on approximately one acre of land which could allow for an additional four units to be constructed in the future.
This property has remained 100% full to high quality tenants for several years. The cap rate based on market rents is 8.1%.
Please do not disturb or approach tenants. Contact listing agent with any questions or to see interior photos.
Investment highlights
Four Large 2 BD 2 BA units (over 1100SF) with garages and great appeal to high quality long term tenants for stable cash flow.
Great condition and solid existing cash flow PLUS value add / upside because the current rents are well below market.
1.09 acre lot could allow for an additional 4 unit apartment building to be added.
Good access to public schools, shopping, restaurants, library, Civil Center Park & near Desert Hawk Golf Course.
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