1235 E Cooper Avenue Unit 1-8
Aspen, CO 81611

Description

This is a free market 8 unit apartment complex and not deed restricted by the City with Condo association docs already in place. 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 all new fixtures. Units could be resold as Condos on the open market or kept as an A+ apartment complex.

Details

MLS#151577
Sub-TypeResale
StatusActive
Year1969
Days On Site217

Features

SQ Feet5,168
Property ViewYes

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Area Information

StateCO
CountyPitkin
CityAspen
Zip Code81611
AreaAspen
Listing VS Median (in 81611)
Price:
$6,000,000
low | high
Med:
$1,695,000
100% of Average
SqFt:
5,168
low | high
Med:
2,197
100% of Average
$ / SqFt:
$1,161
low | high
Med:
$772
83.547564861174% of Average
On Site:
217
low | high
Med:
117
100% of Average
Listing Updated: 06/18/2018
MLS Number: 151577
Listing Provided By:
Katie Holton  of  Aspen Snowmass Sothebys International Realty - Durant

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