1235 E Cooper Avenue Units #1-8, Aspen, CO 81611
$5,000,000
Property Type:
RES Vacant Land
Lot Size (sq. ft.):
22,656
Status:
Closed
Current Price:
$5,000,000
List Date:
10/25/2016
Last Modified:
9/04/2024
Overview
Description
Listing Details MLS# 144716
Location Info
- Type
- Multi-Family Lot
- Sub-Type
- N/A
- Major Area
- Aspen
- Area
- 01-East Aspen
- Original List Price
- 5950000
- Asking Price
- 5500000
- Street #
- 1235
- Street Direction Pfx
- E
- Street Name
- Cooper
- Street Suffix
- Avenue
- Address 2/Unit #
- Units #1-8
- City/Town
- Aspen
- State/Province
- CO
- Postal Code
- 81611
Keywords Info
- Acreage
- Unknown
Listing Info
- Short Sale
- No
- REO
- No
- Foreclosure
- No
- Auction
- No
- Member Association
- Aspen Association
General Info
- List Price Per/Acre
- 10576923
- Sold Price Per/Acre
- 9615384
- Sub/Loc
- Aspen Edge
- Legal
- Units 1-8; Aspen Edge Condominiums & Common Area per Condo Map Reception #242026 & Condo declaration Reception #242070
- Lot SqFt
- 22656
- Nbr of Acres
- 0.52
- County
- Pitkin
- Zoning
- R6
- FAR
- Yes
- Sold Price Per/SF
- 220.69
- Orig List Price Per/SF
- 262.62
- Parcel #
- 273718141800
- Directions
- East on Cooper Avenue, out of Aspen. Property is on your right after you cross the Roaring Fork River.
- Asking Price Per/SF
- 242.76
Financing Info
- Taxes
- 10255
- Tax Year
- 2016
- Transfer Tax
- Yes
- HOA Dues Y/N
- Yes
Status Change Info
- Under Contract Date
- 2016-11-09
- Proposed Close Date
- 2017-02-02
- Sold Date
- 2017-02-02
- How Sold
- Conventional
More Information
Remarks
- Public Remarks
- Unique development opportunity located just a few blocks east of Aspen's commercial core. This 22,656 square foot lot is zoned R-6, which will allow for up to four (4) detached homes. See documents for Development Analysis done by Alan Richman Planning Services. There is an existing/occupied 8 unit condominiumized multi family building with 8 separate owners. There exists the potential to rezone this property to Residential Multi Family (RMF) or Affordable Housing (AH) and increase the developable Floor Area Ratio to 1.5:1. The property is being sold ''as is''. While the existing units are all occupied and could generate significant rental income to a new owner, the assumption is that the building will be torn down and the land redeveloped.
Possible Use
- Multi-Family
- Yes
Access
- Paved
- Yes
Water
- Public
- Yes
Sanitation
- Sewer
- Yes
Water Rights
- None
- Yes
Mineral Rights
- No
- Yes
Crops
- No
- Yes
Documents on File
- CC & Rs
- Yes
Disclosures
- Easements
- Yes
- Leases
- Yes
Terms Offered
- Cash
- Yes
Possession
- DOD
- Yes
Showing Instructions
- Call Listing Office
- Yes
Sign
- Yes
- Yes
Property Features
Possible Use:
Multi-Family
Water:
Public
Sanitation:
Sewer
Mineral Rights:
No
Water Rights:
None
Crops:
No
Documents on File:
CC & Rs
Disclosures:
Easements; Leases
Terms Offered:
Cash
Possession:
DOD
Showing Instructions:
Call Listing Office
Access:
Paved
Sign:
Yes
Documents
Alan Richman Planning Report 7-23-14 ›
Listing Office:
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Last Updated: September - 04 - 2024
Broker Attribution:
(970) 925-6060
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