619 Overlin Dr - Apartments FOR SALE


Glenwood Springs, CO 81601
$6,600,000 USD
970-945-7653
619 Overlin Dr, Glenwood Springs, CO for Sale
$6,600,000 USD
Apartments - FOR SALE
1/22
null | 5.55% Cap Rate

619 Overlin Dr
Glenwood Springs, CO 81601


HIGHLIGHTS

  • New construction
  • Great rental market
  • Workforce housing option

OVERVIEW

An exceptional opportunity to acquire a newly constructed townhome development just minutes from downtown Glenwood Springs. 619 Overlin Drive is an 11-unit project designed to meet strong demand for high-quality, ownership-style housing in one of the Roaring Fork Valley's most competitive rental markets. The development consists of two newly constructed buildings with individually deeded residences, providing investors with flexible exit strategies and long-term value. Property Highlights 11 Total Units including 10 two-bedroom townhomes and 1 three-bedroom ADA-accessible townhome. All units are individually deeded residences with high-quality new construction located minutes from downtown Glenwood Springs, transit, and employment centers. Designed for long-term livability, durability, and strong tenant demand Construction is anticipated to be complete in August 2026 The development team is offering multiple acquisition options - this listing is for the purchase of the entire development (11 Units) Investment Highlights include a strong rental demand in the Glenwood Springs market, individually deeded units allow flexible resale or phased disposition, new construction with zero deferred maintenance, large depreciation advantages for investors, ownership-style housing product with limited local supply 619 Overlin Drive was intentionally designed to fill a gap in the local market: brand-new, durable townhomes that offer the comfort and stability of ownership-style living close to downtown

FOR SALE DETAILS

PRICE

$6,600,000 USD

PRICE/SF

$600 USD /SF

# OF UNITS

10

PRICE/UNIT

$660,000

CAP RATE

5.55%

% LEASED

0%

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Overlin Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

-

APN/PARCEL ID

R031632

ASK ABOUT THIS PROPERTY

Benjamin WestWest Real EstateMore Info
970-945-7653

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Benjamin WestWest Real EstateMore Info
970-945-7653

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