2025 Jerry Murphy Rd - Apartments FOR SALE


Pueblo, CO 81001
$16,500,000 USD
303-407-9782
2025 Jerry Murphy Rd, Pueblo, CO for Sale
$16,500,000 USD
Apartments - FOR SALE
1/124
null | Request Cap Rate

2025 Jerry Murphy Rd
Pueblo, CO 81001


HIGHLIGHTS

  • Rare Opportunistic Value-Add Deal Of Scale
  • Extremely Attractive Price Basis
  • Significant Recent & Ongoing Capital Improvements
  • 65 Garages On-Site
  • Unutilized Clubhouse
  • Great Location Near I-25 & U.S. 50

OVERVIEW

Built in 1974, Skyview Apartments in Pueblo, Colorado is a 228 unit apartment building that presents a fantastic opportunistic value-add opportunity with 40% of the units needing to be leased up and stabilized. Broker will explain the reasoning of the vacancy and the plan to get it there. Conveniently located within walking distance to Colorado State University – Pueblo, as well as numerous shops and restaurants, this community offers both comfort and accessibility. The property boasts brand new high-end landscaping, a fully renovated and unutilized clubhouse, and a recently seal-coated parking lot, enhancing its appeal and functionality.

FOR SALE DETAILS

PRICE

$16,500,000 USD

PRICE/SF

$110 USD /SF

# OF UNITS

228

PRICE/UNIT

$72,368

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Skyview Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1974

PARKING SPACES

200

LAND DETAILS

LAND ACRES

6.3 AC

LAND SF

274,428 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael KrebsbachPinnacle Real Estate AdvisorsMore Info
303-407-9782

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Michael KrebsbachPinnacle Real Estate AdvisorsMore Info
303-407-9782

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.