Average square foot calculated using Size range provided by listing agent.
Description
Cushman & Wakefield is pleased to present 25 Castle Royal Drive. This property presents a rare opportunity to acquire a fully occupied fourplex in the steadily growing Southside submarket of Pueblo, Colorado. Constructed in 1980 and meticulously maintained, the property spans 3, 808 square feet across four well-appointed 2-bedroom, 1.5-bathroom units, each averaging 952 square feet. The building sits on a sizable 11, 303 square foot lot and is zoned R-4, allowing for higher-density residential use. This 100% leased quadplex is separately metered for electric and features low-maintenance operations, making it an ideal asset for both new and seasoned investors. Each unit is equipped with a full appliance package-including dishwasher, disposal, refrigerator, and electric range-plus washer and dryer hookups and private patios. Off-street parking further enhances tenant satisfaction and demand. Located in close proximity to shopping centers, schools, and public transportation, the property benefits from strong tenant appeal and long-term rent growth potential. With stable in-place income, value-add upside through rent increases, and limited comparable inventory in the area, 25 Castle Royal Drive is a compelling multifamily investment in a submarket poised for continued economic expansion.Show Description