500 State Street

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

500 State Street

Trinidad, CO 81082
Asking Price
$5.83M
Cap Rate
6.35%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

High Yield, Ultra Low Supply Market | 69 Units | Trinidad, CO <ul><li>​<strong>Supply-Constrained Market with Virtually Zero New Multifamily Competition</strong></li><li>​<strong>Meaningful Portfolio Scale Offering Operating Leverage Rare in Trinidad</strong></li><li>​<strong>Durable Workforce Demand Anchored by Hospital, College, and Government Employers</strong></li><li>​<strong>Naturally Affordable Rents Insulate Against Downside and Support Stable Collections</strong></li><li>​<strong>Value-Add NOI Upside Through Management Optimization and Leasing Dis

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
1.37%
DSCR
0.23
Underwater
Cash-on-Cash
-15.21%
Monthly Payment
$28,818.922
Annual Cash Flow
$-265,827.061

Location & Travel Times