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Cimarron Square 1021 Ruppel St 52 Unit Apartment Building For Sale Pueblo, CO 81001

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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.

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
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

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0-4-30-1-12-026
  • 0-4-30-1-12-045
  • 0-4-30-1-12-009
  • 0-4-30-1-12-017
  • 0-4-30-1-12-039
  • 0-4-30-1-12-021
  • 0-4-30-1-12-028
  • 0-4-30-1-12-003
  • 0-4-30-1-12-036
  • 0-4-30-1-12-044
  • 0-4-30-1-12-052
  • 0-4-30-1-12-054
  • 0-4-30-1-12-048
  • 0-4-30-1-12-046
  • 0-4-30-1-12-037
  • 0-4-30-1-12-043
  • 0-4-30-1-12-051
  • 0-4-30-1-12-040
  • 0-4-30-1-12-042
  • 0-4-30-1-12-047
  • 0-4-30-1-12-024
  • 0-4-30-1-12-027
  • 0-4-30-1-12-034
  • 0-4-30-1-12-049
  • 0-4-30-1-12-025
  • 0-4-30-1-12-031
  • 0-4-30-1-12-005
  • 0-4-30-1-12-001
  • 0-4-30-1-12-018
  • 0-4-30-1-12-050
  • 0-4-30-1-12-002
  • 0-4-30-1-12-022
  • 0-4-30-1-12-023
  • 0-4-30-1-12-029
  • 0-4-30-1-12-007
  • 0-4-30-1-12-010
  • 0-4-30-1-12-011
  • 0-4-30-1-12-012
  • 0-4-30-1-12-016
  • 0-4-30-1-12-038
  • 0-4-30-1-12-020
  • 0-4-30-1-12-035
  • 0-4-30-1-12-030
  • 0-4-30-1-12-032
  • 0-4-30-1-12-019
  • 0-4-30-1-12-004
  • 0-4-30-1-12-008
  • 0-4-30-1-12-014
  • 0-4-30-1-12-015
  • 0-4-30-1-12-041
  • 0-4-30-1-12-033
  • 0-4-30-1-12-053
Land Assessment
$0 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$71,574 CAD (2024)
  • Listing ID: 39646340

  • Date on Market: 2026-03-03

  • Last Updated:

  • Address: 1021 Ruppel St, Pueblo, CO 81001

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