547 Yale Pl, Canon City, CO 81212

Turnkey 12-Unit Multifamily Opportunity – 7% CAP Rate | 1031 Exchange Ready This well-maintained 12-unit apartment complex offers stable cash flow and long-term upside for discerning investors. Each of the twelve units features a spacious 2-bedroom, 1-bathroom layout, making them highly desirable for tenants and easy to lease. The property boasts a durable stucco exterior, hot water baseboard heat, and air conditioning for tenant comfort year-round. With a current occupancy rate exceeding 95% and priced at a solid 7% capitalization rate, this asset provides immediate income with minimal hassle. The property has been well cared for, requiring no major deferred maintenance—ideal for investors seeking a clean, income-producing asset. Perfectly suited for a 1031 exchange or portfolio expansion, this multifamily opportunity is an excellent choice for those looking to build wealth through residential real estate. Don’t miss this chance to own a strong-performing investment property with proven returns.