311 W 24th St
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311 W 24th St
3,820 SF 100% Leased Office Building Pueblo, CO 81003 £344,278 (£90/SF) 13.09% Net Initial Yield
Investment Highlights
- Building sit at Busy intersection.
- Full tenancy
- Close to I25 and business parks.
Executive Summary
Here is an opportunity to own a producing property with little effort. Occupancy of the building is 100%. Located near I25, downtown, and the business center of Pueblo this location is perfect for your commercial profile. The parking lot has recently been sealed and painted, as well as the HVAC systems updated/replaced.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
Portfolio Sale
Property Type
Building Size
3,820 SF
Building Class
B
Year Built
1956
Price
£344,278
Price Per SF
£90
Net Initial Yield
13.09%
NOI
£45,069
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
3,820 SF
Building FAR
0.31
Land Acres
0.28 AC
Zoning
B2 - Purpose. The standards of this district (B-2) are intended to provide areas for the sale at retail of convenience type goods and services
Parking
16 Spaces (4.19 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Route
- Property Manager on Site
- Signage
- Wheelchair Accessible
- Reception
- Central Heating
- Air Conditioning
- Fiber Optic Internet
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PROPERTY TAXES
| Parcel Number | 0-5-24-4-17-015 | Total Assessment | £77,705 |
| Land Assessment | £4,640 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £73,065 | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
0-5-24-4-17-015
Land Assessment
£4,640
Improvements Assessment
£73,065
Total Assessment
£77,705
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023 Payable 2024
-
Joe Villalva -
Ava Estates Inc
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311 W 24th St
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