Listing Information
970.925.8810 | thebasswoganteam.elliman.com
The Bass Wogan Team
At Douglas Elliman Real Estate

1235 E Cooper Avenue, Unit 1-8 - East Aspen, Colorado

1235 E Cooper Avenue, Unit 1-8 - East Aspen, Colorado

 

A complete 8 Unit apartment complex. 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 in a tight housing market that continue to push rents higher. Fire pits and other common area amenities to be included in the redevelopment ..

This listing courtesy of Frias Properties of Aspen

Property Details

1235 E Cooper Avenue, Unit 1-8 - East Aspen, Colorado

Price: $8,500,000

Neighborhood: East Aspen

House

Yearly Real Estate Tax: $10,648

16 Beds | 8 Baths

Approximate Sq. Feet: 5,168

Lot Size: 22656 Sq Ft

Listing ID: AGS149808

 

 

Your Agent(s)

Raifie Bass

Raifie Bass

O: 970.300.5641

M: 970.948.7424

raifie.bass@elliman.com
Wendy Wogan

Wendy Wogan

O: 970.925.8810

M: 970.948.8948

F: 970.925.8821

wendy.wogan@elliman.com

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© 2017. Douglas Elliman Real Estate. All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect or zoning expert. The number of bedrooms listed above is not a legal conclusion. Each person should consult with his/her own attorney, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom.

 

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Source: Aspen/Glenwood Springs MLS, Inc. Last date updated: 10/17/2017.