Ann Dempsey Aspen Broker

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$10,500,000

1235 E Cooper Avenue #Unit 1-8 Aspen, Co 81611

Beds: 0
Baths:
Sq Ft: 0
Type: Multi-Family Lot
MLS#: 149807
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Estimated Monthly Payment

$5,051
Interest Rate %
Down Payment
5 year
15 year
30 year

Directions East on Cooper Ave (Highway 82), towards Independence Pass. Property on right after the Roaring Fork River bridge. (Directly right of Park Ave and Midland Ave on your left of Highway 82)., A complete 8 Unit Condo apartment complex. Fully leased, generating $295, 000 of stable income with room to grow. Ownership consolidated to one owner making a smooth transaction for a new buyer. The building is in the popular East End location on the bus route for schools and RFTA. Quick access to Northstar Nature Preserve, popular with young families, accessing the river and jogging/biking trails. Ample parking with two spots per unit. Permit applications have been submitted for redevelopment to include laundry in each unit, new fireplaces, and new fixtures. Units could be resold as Condos on the open market or kept as an A+ apartment complex in a tight housing market that continue to push rents higher. Fire pits and other common area amenities to be included in the redevelopment as well.

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DescriptionInterior & Exterior Features

Interior Features Include:

No Information Available.

Exterior Features Include:

Acreage: 0.5200 Acres

Lot:
Square Feet 22656

Other Features Include:

Subdivision: Aspen Edge

Water: City

Sewer: Sewer

This Listing is Presented By
20151007223628230269000000

Ann Dempsey

Cell: (970) 710-1800

Work: (970) 710-1800

Email: ann@anndempsey.com

     
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Information deemed reliable but not guaranteed accurate. Buyer to verify all information.The multiple listing information is provided by Aspen/Glenwood Springs MLS, Inc.