303-868-9096
1021 Ruppel St, Pueblo, CO for Sale
Apartments - FOR SALE
1/17
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1021 Ruppel St
Pueblo, CO 81001


HIGHLIGHTS

  • Significant Below-Market Rents with Immediate NOI Upside
  • Individually Metered Utilities – Major Landlord Cost Saver
  • Recent Capital Improvements Reducing CapEx Risk
  • Value-Add Roadmap for Sustained Growth
  • Flexibility of Individually Deeded Units – Enhanced Exit Strategy

OVERVIEW

MMG Real Estate Advisors is pleased to present Cimarron Square, a 52-unit multifamily complex (built in 1964) offering a high-yield, value-add investment in Pueblo’s stable and affordable rental market. The long-term owners have taken meticulous care of the asset and have positioned the next owner to increase their return within one year through rent alignment to market levels and operational efficiencies. Recent improvements, tenant-favorable amenities, and landlord cost-saving features like individual metering for gas and electric further enhance cash flow stability and appeal. All the units within the building are spacious two- and three-bedroom units.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

52

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cimarron Square

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

90

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,432 SF

ZONING

R5

APN/PARCEL ID

0-4-30-1-12-001,0-4-30-1-12-002,0-4-30-1-12-003,0-4-30-1-12-004,0-4-30-1-12-005,0-4-30-1-12-007,0-4-30-1-12-008,0-4-30-1-12-009,0-4-30-1-12-010,0-4-30-1-12-011,0-4-30-1-12-012,0-4-30-1-12-014,0-4-30-1-12-015,0-4-30-1-12-016,0-4-30-1-12-017,0-4-30-1-12-018,0-4-30-1-12-019,0-4-30-1-12-020,0-4-30-1-12-021,0-4-30-1-12-022,0-4-30-1-12-023,0-4-30-1-12-024,0-4-30-1-12-025,0-4-30-1-12-026,0-4-30-1-12-027,0-4-30-1-12-028,0-4-30-1-12-029,0-4-30-1-12-030,0-4-30-1-12-031,0-4-30-1-12-032,0-4-30-1-12-033,0-4-30-1-12-034,0-4-30-1-12-035,0-4-30-1-12-036,0-4-30-1-12-037,0-4-30-1-12-038,0-4-30-1-12-039,0-4-30-1-12-040,0-4-30-1-12-041,0-4-30-1-12-042,0-4-30-1-12-043,0-4-30-1-12-044,0-4-30-1-12-045,0-4-30-1-12-046,0-4-30-1-12-047,0-4-30-1-12-048,0-4-30-1-12-049,0-4-30-1-12-050,0-4-30-1-12-051,0-4-30-1-12-052,0-4-30-1-12-053,0-4-30-1-12-054

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303-868-9096

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303-868-9096

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