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Listing 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.
Location
East on Cooper Ave (Highway 82), towards Independence Pass. Property on the right after the Roaring Fork River bridge. (Directly right of Park Ave and Midland Ave on your left of Highway 82).
Financial Information
Details
Listing courtesy of Aspen Snowmass Sotheby's International Realty-Hyman Mall
This information is deemed to be reliable, but is not guaranteed. © 2019 MLS and FBS. Prepared by Tim Estin MBA, GRI, Estin Report: State of Aspen Real Estate on Tuesday, 10 Dec 2019 06:15 pm. The information on this sheet has been made available by the MLS and may not be the listing of the provider.
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