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1010 & 1016 E Mallon Drive

$2,350,000

16 Units
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About

About 1010 & 1016 E Mallon Drive

Cushman & Wakefield is pleased to present the Columbine West Apartments, an exceptional multifamily opportunity, located in the heart of Pueblo West, Colorado. This wellmaintained property features a total of 16 units between four buildings, each with 3 spacious 2-bed and 1-bath units, and one 1-bed and 1-bath unit. The Columbine West Apartments appeal to a wide range of prospective residents looking for single level living in Pueblo West. The Columbine West Apartment’s prime location in Pueblo West offers easy access to a multitude of dining, entertainment, and retail options as well as convenient commutes to Pueblo & Canon City. There is currently a limited supply of apartment units in Pueblo West, which will continue as the city plans to limit new construction into the future. Additionally, this property presents an enticing opportunity for potential investors to maximize returns through operational improvements and continued interior renovations. Investors can create instant equity (can immediately increase returns) by implementing a utility bill-back program and increasing rents to market. The Columbine West Apartments are perfectly positioned to capitalize on the limited supply of apartments, increasing rents, and high rental demand in the desirable Pueblo West market.