501 Aspen Ave - Apartments FOR SALE


Estes Park, CO 80517
$975,000 USD
970-481-3619
501 Aspen Ave, Estes Park, CO for Sale
$975,000 USD
Apartments - FOR SALE
1/28
null | 6.92% Cap Rate

501 Aspen Ave
Estes Park, CO 80517


HIGHLIGHTS

  • Outstanding rental history with very little turnover
  • Central Estes Park Location
  • Walkability

OVERVIEW

Rare opportunity to own an 8 unit multi-family apartment building in the heart of Estes Park! Awesome Income property, Outstanding rental history with very little turnover, this property offers an ideal opportunity for rental income and investment. 8 studio apartments with 325 sq ft. Off street parking and storage lockers for tenants and shared side-yard. Great location with easy access to Rocky Mountain National Park, walkable to downtown, restaurants and breweries, and Rec Center. Great views of Lumpy Ridge. Come check out this solid investment opportunity with great cash flow! Lots of potential!

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$381 USD /SF

# OF UNITS

8

PRICE/UNIT

$121,875

CAP RATE

6.92%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,252 SF

ZONING

RM

APN/PARCEL ID

25303-16-025

ASK ABOUT THIS PROPERTY

Tom ThomasFirst Colorado RealtyMore Info
970-481-3619

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Tom ThomasFirst Colorado RealtyMore Info
970-481-3619

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.