Listing Details

Property Description

A rare, fully-leased efficiency apartment community on Pueblo's Lower East Side — turnkey and cash-flowing from day one. Ten units, 100% occupied, deliver $61, 680 in historical gross annual rent with room to grow. Nine studios with private baths share a well-kept communal kitchen, while a tenth unit offers its own full kitchen and bath — a layout built for low-maintenance, high-yield ownership. Four units have already been refreshed with new carpet and paint, and on-site laundry keeps residents (and turnover) easy to manage.
Sitting on a compact 7, 200 SF lot, the property is a mile from the I-25 / Pueblo Boulevard exit for effortless commuting, with public transit, parks, and schools all close at hand — and Colorado Springs just 45 minutes north for buyers eyeing the broader southern Colorado growth story. Backed by Pueblo's diversified manufacturing, healthcare, and education economy, this is dependable tenant demand in a durable, income-producing package. Investors looking for a hands-off, high-yield efficiency play won't want to let this one pass.