1427 E Evans Avenue 1431, Pueblo, CO, 81004

Value Add Opportunity $77,283/Unit 7.91% Proforma Cap Rate Unit mix primarily 1 bed, 1 bath Average unit size 473 SF 6.46% current cap rate Located in the Bessemer neighborhood of Pueblo, Colorado, the subject property is an 11-unit value-add multifamily opportunity. This property is situated in a stable up-and-coming neighborhood that enjoys Lake Minnequa just minutes away to the southwest. The current owner has upgraded four of the units with a fifth underway. Substantial room left to continue to push rents to market. Unit mix includes one 2Br/1Ba, nine 1Br/1Ba units, and one studio. The property offers ample parking in the back with access through the alley, as well as ample street parking in the front.