765 Clarion DrPueblo West, CO 81007

For Sale
$200,000

12-Unit Development Opportunity in Pueblo West

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity encompasses two Pueblo West lots totaling 26,056 square feet, zoned R, with approved plans for a 12-unit multifamily development. The meticulously designed plans include two buildings: one featuring four three-bedroom, two-bathroom units and the other with eight two-bedroom, two-bathroom units. Each building offers covered parking for five vehicles. The individual lot sizes are 14,425 square feet (765 E Clarion Dr) and 11,631 square feet (713 E Springmont Dr), located in Pueblo County, Colorado, with convenient access to amenities. Projected monthly rents are $1,850 for the three-bedroom units and $1,500 for the two-bedroom units. The property is situated approximately 20 minutes from Lake Pueblo, a major tourist attraction, and within blocks of medical facilities, shopping, dining, and hotels, and near the proposed site of a new aquatic center. Approved civil engineering and building plans are included, making this a turnkey project ready for immediate construction. The property's prime location and strong rental projections make it an attractive investment opportunity for developers seeking a high-return project in a desirable area. APN numbers are 507015031 and 507016020. This offering presents a compelling opportunity for immediate development, with the potential for significant returns. The asking price for this exceptional property is $200,000.

Highlights

  • Two Pueblo West lots totaling 26,056 square feet, zoned R, with approved plans for a 12-unit multifamily development.
  • Projected monthly rents: $1,850 (4 three-bedroom, two-bathroom units) and $1,500 (8 two-bedroom, two-bathroom units).
  • Approved building plans included; turnkey project ready for immediate construction.

Property Details for 765 Clarion Dr

Property type
Other land, Land
Class
A
Units
6

Location Insight

City
Pueblo West
County
Pueblo
State
Colorado
Latitude
38.320575
Longitude
-104.7087619
765 Clarion Dr, Pueblo West, Colorado

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765 Clarion Dr
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