1235 Cooper, Aspen, Colorado 81611

$6,000,000
List Price
$6,000,000
Status
PENDING
MLS#
151578
Price Change
▼ $250,000 1527127616
Acres
0.52
Lot Size Range
22,001 - 32000
Region
Aspen
Subdivision
Aspen Edge
Neighborhood
01-East Aspen

Property Description

This is a free market 8 unit apartment complex and not deed restricted by the City with Condo association docs already in place. Fully leased, generating $295,000 of stable income with room to grow. Ownership consolidated to one owner making a smooth transaction for a new buyer. The building is in the popular East End location on the bus route for schools and RFTA. Quick access to Northstar Nature Preserve, popular with young families, accessing the river and jogging/biking trails. Ample parking with two spots per unit. Permit applications have been submitted for redevelopment to include laundry in each unit, new fireplaces, and all new fixtures. Units could be resold as Condos on the open market or kept as an A+ apartment complex.

Additional Information

Taxes
$10,649
Tax Year
2016
Water
City
Sewer
Sewer

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Listing courtesy of Aspen Snowmass Sotheby's International Realty - Durant.