
Seller's Agent in 2022
Tom Brann
Norm Murphy & Associates
(719) 384-5551
122 Total Sales
Here is a great opportunity to own this 50 unit apartment building that is broken into three separate buildings According to the Otero County Assessor, the South building consists of 10,848 sq ft with 22 apartments; the West building has 6,888 sq ft with 14 apartments; and the North building also has approximately 6,888 sq ft with 14 apartments, plus an additional space with a laundry facility, office and attached garage space for supplies, tools and maintenance items. The apartments are currently designated for farm labor housing with only 15 units occupied. A new owner will be able to lease the property to all users, not just farm labor which should allow these apartments to increase in occupancy rate. Most all the apartments have an adjoining door to the neighboring apartment for families who need a larger apartment. Two of the units are designated as handicap units with showers instead of tubs. There are four play ground areas and paved parking within the complex. Call today and see how you can take advantage of this great opportunity. The current lease program will terminate once the property is sold.
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/18/2022 11/18/22 | Sold | $725,000 | -8.8% | $29 / Sq Ft |
02/16/2021 02/16/21 | For Sale | $795,000 | +521.6% | $32 / Sq Ft |
01/13/2012 01/13/12 | Sold | $127,900 | -5.3% | $62 / Sq Ft |
09/14/2011 09/14/11 | Pending | -- | -- | -- |
09/14/2011 09/14/11 | For Sale | $135,000 | -- | $66 / Sq Ft |
Seller's Agent in 2022
Tom Brann
Norm Murphy & Associates
(719) 384-5551
122 Total Sales
V
Seller's Agent in 2012
Vernon Dillon
Jake Norton Realty
Buyer Co-Listing Agent in 2012
Tracey Martin
Norm Murphy & Associates
(719) 469-7040
232 Total Sales
Source: Pueblo Association of REALTORS®
MLS Number: 191876