722 W Jefferson Street, Trinidad, CO, 81082

Great Investment Opportunity in Trinidad, CO.

This two-story property features 6 apartments, each with 2 BR/1BA, modern furnishings, and updated appliances. Four of the units are being rented short-term through Airbnb and VRBO. One of the units is being remodeled and will be available for rent in July 2022. The remaining unit has a long-term tenant on a month-to-month lease. 2021 NOI was $73,000 – yielding a 6.5% as-is cap rate. The large lot has room to build additional units. This is a great opportunity for an investor in a market with very little competition and upside potential through increased occupancy and rates. Pricing includes FF&E. Please contact broker for information and showings.