619 Overlin Drive 1-2 & 4-11, Glenwood Springs, CO 81601
New Listing
$6,000,000
Property Type:
Commercial Sale
Square Footage:
10,063
Lot Size (sq. ft.):
23,185
Status:
Active
Current Price:
$6,000,000
List Date:
10/12/2026
Last Modified:
10/12/2026
Listing Details MLS# 194847
Location Info
- Inside City Limits
- Yes
- Condominiumized
- Yes
- Zoning City
- Residential High Density
- Zoning County
- City Zoning
- Type
- Commercial
- Major Area
- Glenwood Springs
- Area
- 09-Glenwood Proper
- Asking Price
- 6000000
- Original List Price
- 6000000
- Street #
- 619
- Street Name
- Overlin
- Street Suffix
- Drive
- Address 2/Unit #
- 1-2 & 4-11
- City/Town
- Glenwood Springs
- State/Province
- CO
- Postal Code
- 81601
Keywords Info
- Total Building SqFt
- 10,001 - 20,000
- Association Dues
- Yes
- Association Fee
- 400
- Association Fee Frequency
- Monthly
Listing Info
- Occupant Type
- Tenant
- SqFt Level
- Ground Floor
- Seller/Owner is Licensed
- Yes
- Short Sale
- No
- REO
- No
- Auction
- No
- In Foreclosure
- No
- Member Association
- Glenwood Association
General Info
- Sub/Loc
- None
- County
- Garfield
- Legal
- SECTION: 9 TOWNSHIP: 6 RANGE: 89 TR IN SENW
- Zoning
- R-HD
- Lot SqFt
- 23185
- Nbr of Acres
- 0.67
- Stories
- 3
- Total SqFt
- 10063
- Unit SqFt
- 1000
- Ceiling Height
- 8
- Parcel #
- 218509200013
- Year Built
- 2026
- Directions
- Midland to Cowdin, head north on Cowdin until it turns into Overlin and go to 619
Financing Info
- Metro Tax District
- No
- Taxes
- 30355.67
- Tax Year
- 2026
- Transfer Tax
- No
- Total HOA Fee Per Year
- 4800
- Special Assessments
- No
More Information
Remarks
- Public Remarks
- Newly constructed multifamily in a great location, walking distance to downtown Glenwood Springs and public transportation. 619 Overlin Drive is a two-building townhome community in a supply-constrained market with high rental demand, and it is actively leasing. The townhome design puts better living first, for tenants and owners alike, with the comfort and stability of ownership-style living. Hold the portfolio, resell, or phase your exit. Investment highlights Recently appraised at $6.2M, Projected gross annual rents of roughly $410K, Projected NOI of approximately $320K per year, a 5.3% projected cap rate at $6.0M, New construction with no deferred maintenance, Opportunity for the owner to seek bonus depreciation. Walkable to downtown and transit, which supports tenant demand, Very limited supply of comparable new townhome product in the valley Other purchase options include individual units, MLS 193713 - 4 units for $2.3m or MLS 193714 - 6 units for $3.7m. Projections and estimates are not guaranteed.
Units
- Units
- Other
Terms Offered
- Other
- Financing
Property Features
Allowable Uses:
Income; Multi-Family Res
Current Use:
Multi-Family
Construction:
Frame
Roof:
Membrane
Condition:
New
Electric:
Electricity Connected; Yes
Gas:
None
Water:
Public
Sanitation:
Sewer
Parking:
21 + Spaces; Parking Garage; Parking Lot; Paved
Access:
Paved
Extras:
ADA Compliant; Fire Alarm; Fire Sprinkler Sys; Kitchen Area; Landscaped; Laundry; Storage
Occupant:
Tenant Occupied; Vacant; Multiple Leases
Disclosures:
Owner Licensed; Rental/Deed Restrict; Reports Available
Documents on File:
Appraisal; CC & R's; Easements; Financials; Soils Test; Survey/ILC
Water Rights:
No
Mineral Rights:
No
Terms Offered:
Cash
Sign:
Yes
Possession:
DOD
Listing Office:
West Real Estate
Last Updated: October - 12 - 2026
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