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Vinewood 5 Apartments

3 Multifamily Properties Offered at $4,477,485 CAD in Pueblo, CO

INVESTMENT HIGHLIGHTS

  • Excellent Cash flowing 36 Unit Portfolio in Southwest Pueblo
  • Over 60% of the units have been updated during current ownership
  • Priced at Less than $100/Sf and only $86,111/Unit!
  • Three 12 Unit Buildings consisting of 30 - 2Br/1Ba units and 6 - 1Br/1Ba units
  • Proforma Rents Already Being Achieved

EXECUTIVE SUMMARY

VINEWOOD 5 APARTMENTS
1936 & 2018 Vinewood Lane and 1691 Moore Avenue – 36 units across 3, 12-unit buildings (6 – 1Br/1ba, 30 – 2Br/1Ba). All three buildings were built in 1972 and have gone through a heavy renovation plan over the past 2.5 years. Over 60% of the units have been updated during this time period leaving value-add upside for the next owner through a proven unit renovation strategy. The 1936 and 2018 Vinewood buildings have new exterior paint, new gutters and mansards, and the 1691 Moore building has a new boiler among other building upgrades.

TAXES & OPERATING EXPENSES (PRO FORMA - 2024) Click Here to Access

ANNUAL (CAD)
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes -
Operating Expenses -
Total Expenses $99,999
Net Operating Income $99,999

TAXES & OPERATING EXPENSES (PRO FORMA - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual $99,999
Vacancy Loss (CAD)
Annual $99,999
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual -
Operating Expenses (CAD)
Annual -
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

PROPERTY FACTS

Price $4,477,485 CAD
Price / SF $143.62 CAD / SF
Sale Condition 1031 Exchange
Cap Rate 7.58%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 31,176 SF
Total Land Area 0.94 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
1936 Vinewood Apartments
1936 Vinewood Ln, Pueblo, CO 81005
Multifamily 10,368 SF 1972 -
2018 Vinewood Apartments
2018 Vinewood Ln, Pueblo, CO 81005
Multifamily 10,368 SF 1972 -
Moore Ave Apartments
1691 Moore Ave, Pueblo, CO 81005
Multifamily 10,440 SF 1972 -
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  • Listing ID: 31557963

  • Date on Market: 2024-04-19

  • Last Updated:

  • Address: Vinewood 5 Apartments, Pueblo, CO

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