970-239-4199
700 Red Table dr, Gypsum, CO for Sale
Multi-Family - FOR SALE
1/4

700 Red Table dr
Gypsum, CO 81637


HIGHLIGHTS

  • Newly Built in 2024
  • Fully Stabilized at 100% Occupancy
  • Six 1bed/1bath, Seven 2bed/2bath, and 3 Commercial Spaces
  • 30 minutes west of Vail and Beaver Creek ski resorts via I-70

OVERVIEW

Fortius Commercial Advisors proudly presents 700 Red Table Drive, a newly built mixed-use property in the rapidly growing town of Gypsum, Colorado. Constructed in 2024, the building features 3,835 SF of commercial space across three units and 13 fully leased residential units, comprising seven two bedroom and six one-bedroom units. 12 of 13 residential units have offices, providing additional space for tenants. Spanning 17,183 SF, the property is strategically positioned along US HWY-6, a primary Eagle County corridor, and is just one mile from Interstate 70. 700 Red Table Drive benefits from its prime location, just 30 minutes west of Vail and Beaver Creek ski resorts via I-70—two major economic drivers of Eagle County. Historically serving as a vital bedroom community, Gypsum, along with the neighboring town of Eagle, has experienced accelerated growth in recent years due to availability of land, affordable housing, and superior public-school options. From 2020 to 2023, the combined population of Eagle and Gypsum grew by 4.3%, a significant increase for a community of 16,224 residents. The property offers modern apartments in a market facing a significant housing shortage, attracting tenants with its recent construction, convenient commuting distance to up-valley employment centers, and access to year-round world-class recreation. Two of the three commercial units are leased, benefiting from high visibility along US HWY-6 and a scarcity of commercial space in the area, making them ideal for various businesses. A 2024 traffic impact study reports a daily traffic volume of 8,200 vehicles on US HWY-6, projected to increase to 12,500 vehicles by 2040. Gypsum hosts national brands including Costco Wholesale, Tesla, Amazon, Ace Hardware, AutoZone, Family Dollar, and Maverik. South of the Eagle County Regional Airport lies the county’s primary light industrial zone, serving as a hub for contractors, skilled trades, logistics, storage, and other essential services.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

16

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

700 Red Table Drive

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Market District

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Erich SchmidtFortius Commercial AdvisorsMore Info
970-239-4199

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Erich SchmidtFortius Commercial AdvisorsMore Info
970-239-4199

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