$6,995,000

1235 E Cooper Avenue 1235

Aspen CO, 81611

Description

Free market 8-unit apartment complex with no deed restrictions and condo association documents in place! All units are held by one owner, are fully leased and generating stable income with room to grow. Ample parking is included with two spots per unit. Located in East Aspen, the property is within walking distance to downtown and is also on the bus route. The Northstar Nature Preserve, river access and jogging/biking trails are nearby. Units could be resold individually, or the complex kept for rental with substantial NOI. Additional development options or employee housing development are strong considerations.

Details

MLS#161491
Sub-TypeResale
StatusActive
Year1969
Days On Site79

Features

SQ Feet5,168
Property ViewYes

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Area Information

StateCO
CountyPitkin
CityAspen
Zip Code81611
AreaAspen
Listing VS Median (in 81611)
Price:
$6,995,000
low | high
Med:
$79,000
100% of Average
SqFt:
5,168
low | high
Med:
912
100% of Average
$ / SqFt:
$1,354
low | high
Med:
$87
100% of Average
On Site:
79
low | high
Med:
198
39.89898989899% of Average
Listing Updated: 12/15/2019
MLS Number: 161491
Listing Provided By:
Craig Morris  of  Aspen Snowmass Sothebys International Realty-Hyman Mall

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Aspen Board of Realtors MLS.