547 Yale Place 101 thru 304

Canon City, CO 81212

Investment opportunity in the heart of Canon City! This 12-unit apartment complex offers strong income potential with a desirable mix of 12 – 2 bed, 1-bath apartments in a convenient central location. The complex currently maintains low vacancy with applications already coming in for the remaining available units. The property features a stucco exterior with wood shingles, concrete 26 spaces off-street parking, shared leased laundry facilities, and a layout designed for tenant comfort and convenience. Several units include sliding glass doors and balcony access, adding to the overall appeal and functionality of the property. The complex has operated as a long-term rental property and offers investors the opportunity to step into an established multifamily asset with continued income potential. The property was fully inspected less than a year ago, including inspections of the sewer line and roof. Inspection reports are available to qualified buyers, offering added transparency and valuable information for those considering the property. Each unit offers a functional 2-bed, 1-bath floor plan that appeals to a wide variety of tenants. The consistent layout throughout the complex allows for easier management and maintenance while still providing comfortable living spaces for residents. The property’s size and unit mix make it a strong addition for investors seeking to expand an existing portfolio or enter the multifamily market with a property that already demonstrates steady rental demand. Location is a standout features of this property. Situated near the hospital, schools, restaurants, shopping, and major services throughout Canon City, tenants enjoy convenient access to many of the community’s most important destinations. Whether you are looking to add to your investment portfolio or purchase a multifamily property with upside potential, this apartment complex presents a valuable opportunity with occupancy, location, and future potential already in place.