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Property Description

Multi family 6 – one bedroom apartment units – residential investment opportunity in prime location in Crested Butte. Don’t miss this rare opportunity to acquire 6 long term multi-family residential apartment units located in the Town of Crested Butte within the Majestic Plaza retailcenter adjacent to Clarks Market and on the Town of CB bus route. The units have a strong rental history making this an attractive investment opportunity. These units would be suitable for employee housing. Each spacious 2nd floor unit offers 1 bedroom, 1 bath, a large storage/laundry area with built in shelves, a gas fireplace, large windows capturing beautiful mountain views, and 1 off-street assigned parking space. Crested Butte, also known as Colorado’s last great ski town, is an up and coming resort community located 3 miles from the Crested Butte Mountain Resort now owned by Vail Resorts and included in the EPIC pass. The community offers exciting events, music, a creative arts district, and endless recreation opportunities. With all that Crested Butte has to offer the demand for long term rentals has always been high and will continue to be a desirable place for people to call home.

Features
: Electric, Baseboard, Natural Gas
: 6
: Low Rise
: Asphalt
$0
: Other
: Public Sewer
Address Map
Colorado
Gunnison
Crested Butte
81224
525 Red Lady Avenue 241-246
0
W107° 1' 6.4''
N38° 51' 58.5''
Additional Information
$1,636
Monthly
5,855 Sqft
$0
0
: Wood Siding
83
Heading into town of Crested Butte on HWY 135 (North), take the first left turn onto Red Lady Avenue. Building is on the right.
$0
Crested Butte
0
No
No
Yes
Yes
Cash,Conventional
$0
No
Peak Property Management & Sales
325503186021
No
: Low Rise
Crested Butte
$9,495
2021
One
11/03/2022
What is Nearby?
Acme Liquor Store
Acme Liquor Store
(970) 349-5709
510 Bellview Ave Crested Butte, CO 81224
3 / 5
0.02 mi
Clark's Market
Clark's Market
(970) 349-6492
500 Belleview Ave Crested Butte, CO 81224
3.5 / 5
0.04 mi
Paradise Cafe
Paradise Cafe
(970) 349-5622
435 6th St Crested Butte, CO 81224
4 / 5
0.19 mi
Rumors Coffee and Tea House
Rumors Coffee and Tea House
(970) 349-7545
414 Elk Ave Crested Butte, CO 81224
4.5 / 5
0.25 mi
Mikey's Pizza
Mikey's Pizza
(970) 349-1110
611 3rd St Crested Butte, CO 81224
4.5 / 5
0.27 mi
More

Crested Butte

525 Red Lady Avenue 241-246, Crested Butte, Colorado 81224

6 Bedrooms
6 Total Baths
5,855 Sqft
$3,100,000
Listing ID #8571196
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 8571196
Price : $3,100,000
Bedrooms : 6
Rooms : 30
Total Baths : 6
Full Bathrooms : 6
Square Footage : 5,855 Sqft
Year Built : 1997
Status : Active
Property Sub Type : Condominium
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