Log In/Sign Up
Your email has been sent.
Investment Highlights
- Significant Below-Market Rents with Immediate NOI Upside
- Recent Capital Improvements Reducing CapEx Risk
- Flexibility of Individually Deeded Units – Enhanced Exit Strategy
- Individually Metered Utilities – Major Landlord Cost Saver
- Value-Add Roadmap for Sustained Growth
Executive Summary
MMG Real Estate Advisors is pleased to present Cimarron Square, a 52-unit multifamily complex (built in 1964) offering a high-yield, value-add investment in Pueblo’s stable and affordable rental market. The long-term owners have taken meticulous care of the asset and have positioned the next owner to increase their return within one year
through rent alignment to market levels and operational efficiencies. Recent improvements, tenant-favorable amenities, and landlord cost-saving features like individual metering for gas and electric further enhance cash flow stability and appeal. All the units within the building are spacious two- and three-bedroom units.
through rent alignment to market levels and operational efficiencies. Recent improvements, tenant-favorable amenities, and landlord cost-saving features like individual metering for gas and electric further enhance cash flow stability and appeal. All the units within the building are spacious two- and three-bedroom units.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Lot Size | 2.10 AC |
| No. Units | 52 | Building Size | 62,326 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.44/1,000 SF |
| Zoning | R5 | ||
| Sale Type | Investment |
| No. Units | 52 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.10 AC |
| Building Size | 62,326 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | R5 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Stainless Steel Appliances
- Tub/Shower
- Carpet
- Freezer
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Courtyard
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 30 | $1,206 CAD | 745 |
| 3+1 | 22 | $1,370 CAD | 945 |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD (2024) | |
| Land Assessment | $0 CAD (2024) | Total Assessment | $71,574 CAD (2024) |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$71,574 CAD (2024)
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Cimarron Square | 1021 Ruppel St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.



