$6,995,000
$250,000
1235 E Cooper Avenue, Units 1-8
Aspen, CO 81611
MLS# 161491
16 beds  |  8 baths  |  5168 sqft


1235 E Cooper Avenue, Units 1-8, Aspen, CO 81611
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Property Description
Free market 8-unit apartment complex with no deed restrictions and condo association documents in place! All units are held by one owner, are fully leased and generating stable income with room to grow. Ample parking is included with two spots per unit. Located in East Aspen, the property is within walking distance to downtown and is also on the bus route. The Northstar Nature Preserve, river access and jogging/biking trails are nearby. Units could be resold individually, or the complex kept for rental with substantial NOI. Additional development options or employee housing development are strong considerations.

Details
Documents
Location Info
Current Price: $6,995,000
Type: Residential Income
Sub-Type: N/A
Major Area: Aspen
Area: 01-East Aspen
Original List Price: 6995000
Asking Price: 6995000
Orig List Price Per/SF: 1353.52
Street #: 1235
Street Direction Pfx: E
Street Name: Cooper Avenue
Address 2/Unit #: Units 1-8
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Furnished: No
Keywords Info
Bedrooms: 16
Total Baths: 8
Baths - Full: 8
Lot Size: 22,001 - 32000
Acreage: Refer to Lot Size
Garage: None
Pre-Fabricated Home: No
Listing Info
Listing Date: 2019-09-23
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Aspen Association
County: Pitkin
Country: United States
General Info
Sub/Loc: Aspen Edge
Legal: Aspen Edge, Units 1-8
Zoning: R6
Nbr of Acres: 0.52
Lot SqFt: 22656
Lv Ht SqFt: 5168
Total SqFt: 5168
Price/LvH SqFt: 1353.52
Levels: 2
Main Floor Master: No
Year Built: 1969
Parcel #: 273718141800
Directions: East on Cooper Ave (Highway 82), towards Independence Pass. Property on the right after the Roaring Fork River bridge. (Directly right of Park Ave and Midland Ave on your left of Highway 82).
Financing Info
Metro Tax District: Yes
Tax Year: 2019
Transfer Tax: Yes
HOA Dues Y/N: No
HOA Dues Frequency: Annually
HOA Transfer Fee: No
Status Change Info
Status: Active
Property Features
Laundry Facility: Common
Style: Two Story
Construction: Concrete Block
Roof: Membrane
Heating: Baseboard
Electric: Yes
Gas: Natural Gas
Sanitation: Sewer
Parking Area: Assigned
Possession: DOD; Subject to Lease
Terms Offered: Cash
Disclosures: Easements
Mineral Rights: No
Documents on File: Leases; Survey/ILC
Location Amenities: Exposure, Southern; Trees; Views

Listing Office: Aspen Snowmass Sotheby's International Realty-Hyman Mall

Last Updated: October - 28 - 2019

1235 E Cooper Avenue, Units 1-8, Aspen, CO 81611 - MLS# 161491

Copyright 2009 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.

Friday 22nd of November 2019 02:52 PM