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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.

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1010 & 1016 E Mallon Drive
16 Units
1010 & 1016 E Mallon Drive
Pueblo, CO  81007

Cushman & Wakefield is pleased to present 1646 Routt St, an exciting opportunity comprised of (9) units in Lakewood CO. This opportunity is primed for an investor looking to benefit from predictable in-place returns as well as reap the reward of continuing to increase rents to market level. The property offers 8 spacious, 2-bedroom & 1-bathroom style apartment homes and one 1-bedroom, 1-bathroom unit. The property benefits from its location in Lakewood, which is a highly sought-after submarket of Denver for owners and renters alike. The property’s location affords tenants quick access to major employers, roadways and local transit with easy accessibility to Red Rocks Amphitheater, Bear Creek Open Space, and Apex Mountain Bike Trail. This property is perfectly positioned to capitalize on the limited supply and high rental demand in the Lakewood market. Investors will enjoy the advantage of minimal maintenance required for this meticulously cared for apartment. 1646 Routt offers investors the ability to own an asset in a predictable market with solid fundamentals.

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1646 Routt Street, Lakewood, CO 80215
9 Units
1646 Routt Street
Lakewood, CO  80215
Belmont Heights Apartments, a 36-unit multifamily community in Pueblo, has sold to Anchor Belmont LLC for $3.6 million, or $100,000 per unit. Cushman & Wakefield’s Multifamily Investment Services team in Colorado Springs represented both the buyer and the seller, Belmont Heights Apartments LLC, in the transaction. The team’s Lee Wagner and Jeff Dimmen represented the seller, and the team’s leader Pat Knowlton represented the buyer. “Belmont Heights Apartments is a good quality multifamily value-add investment opportunity consisting of an attractive unit mix of 16 one-bedroom, 16 two-bedroom, and four three-bedroom units. The buyer plans to continue to improve the property and hold long-term,” said Executive Director Pat Knowlton. “The Pueblo region maintains resilient multifamily fundamentals, while investors and developers have shown further interest in the market over the last few years,” mentioned Director Lee Wagner. Located at 1408-1224 E 21st Street, Belmont Heights Apartments is a five-building complex featuring spacious floor plans, with select units also offering extra half-bathrooms and fireplaces, 20 townhome-style units, and outdoor courtyards. The City of Pueblo is approximately 45 miles south of Colorado Springs and 100 miles south of Denver.
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Belmont Heights Apartments
36 Units
1408-1424 E 21st Street
Pueblo, CO  81001