Nic Polaski
This listing was posted on RealtyWW.
$610,000
Home For Sale In Pueblo, Colorado
Price:
$610,000
BR/BA:
8 BR, 8 BA
Location:
49 Royal Crest Dr, Pueblo, CO
Description:
8% In-Place Cap Rate. Available as a single 4 unit purchase or to purchase alongside 37 and 43 Royal Crest Drive. CandW is pleased to present the Royal Crest Apartments. This opportunity consists of (3) identically constructed quads in Pueblo, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. The properties offer spacious, townhome style 2-bedroom, 1 -bathroom apartment homes with private patios and off-street parking. The properties benefit from their close proximity to several employers including Wal-Mart, Starbucks, Verizon, Discount Tire and various dining and retail. Additionally, the properties are adjacent to nearby parks and suburban neighborhoods such as Kaden C Burger Sports Complex, Pueblo South Football Field and Lehigh Park. Royal Crest Apartments are perfectly positioned to capitalize on the limited supply and high rental demand in the Pueblo market. The attractiveness of these assets is magnified by the limited number of performing properties available in this market. Recent Renovations: Roughly 75% of the units at Royal Crest Apartments have undergone recent renovations. Updates include new LVP flooring and fresh paint throughout. Several units have received new bathroom vanities, tile tub surrounds and updated lighting. These improvements not only increase rental rates and tenant satisfaction but also contribute to the propertys long-term value. Turn-key Investment: Current management has positioned these properties with great in-place rents, immediate cash flow and predictable returns. Tenants are responsible for all utilities including water, sewer and trash affording the owner net-zero utility expense. Investors have the opportunity to take advantage of current management offering to stay in-place for a highly competitive fee of 5%.For more details: https://realtyww.info/homes_pueblo-d525020/for-sale_i71884583
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More About this Listing: Home For Sale In Pueblo, Colorado
Home For Sale In Pueblo, Colorado is a Eight Bedroom Eight Bath Single-Family Homes for Sale at 49 Royal Crest Dr in Pueblo CO. Find other listings like Home For Sale In Pueblo, Colorado and listings near 49 Royal Crest Dr by searching Oodle Classifieds for Eight Bedroom Eight Bath Single-Family Homes for Sale in Pueblo CO.
Home For Sale In Pueblo, Colorado is a Eight Bedroom Eight Bath Single-Family Homes for Sale at 49 Royal Crest Dr in Pueblo CO. Find other listings like Home For Sale In Pueblo, Colorado and listings near 49 Royal Crest Dr by searching Oodle Classifieds for Eight Bedroom Eight Bath Single-Family Homes for Sale in Pueblo CO.