501 Aspen Ave - Apartments FOR SALE


Estes Park, CO 80517
$1,200,000 USD
970-586-1000
501 Aspen Ave, Estes Park, CO for Sale
$1,200,000 USD
Apartments - FOR SALE
1/28
null | 5.99% Cap Rate

501 Aspen Ave
Estes Park, CO 80517


HIGHLIGHTS

  • Walkable to town
  • Desired rental property
  • Each unit with own storage

OVERVIEW

Investment property featuring 8 rental units, each offering 325 sq. ft. of living space with an additional 6x5 personal storage unit for every tenant. Each unit comes with utilities included, providing added convenience and appeal to tenants. The property has a detached storage building for tenant use and ample on-site parking. Located within walking distance to downtown and the local hospital, this property offers tenants easy access to key amenities and services. With its desirable location, this property presents an opportunity for investors seeking steady rental income with potential for growth.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$469 USD /SF

# OF UNITS

8

PRICE/UNIT

$150,000

CAP RATE

5.99%

% 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

Kirk FisherRE/MAX Mountain BrokersMore Info
970-586-1000

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Kirk FisherRE/MAX Mountain BrokersMore Info
970-586-1000

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