328 W Main
Aspen, CO 81611
Sq. Ft.: 3,713
Type: Single Family Home
POSSIBLE OWNER FINANCING!This exceptional historic main street location presently houses 13 deed restricted units. The house was built in 1890. It became the Cooper Horse Ski Hostel in the 70s before being converted to affordable housing in 1985 as mitigation for lodge development at the base of Aspen Mountain, including the St. Regis. That deed restriction expires in 21 years. (April 16,2037) A perfect place to land bank with income(not a high cap rate indicator) or if you are in need of employee housing mitigation; this property might fit the bill for mitigation purposes by extending the deed restriction and upgrading.Can be sold as a package with 935 East Durant - Alpina Haus- (MLS: 143875) $12,000,000.Historic Image: Aspen Historical Society www.aspenhistory.orCopper Horse will be painted from the outside this summer.
Major Area: 01-West Aspen
Directions: The property is located on the right hand side when you are leaving town. Look for the Victorian Home with the ''COPPER HOSRE'' sign
Heating: Baseboard, Gas, Hot Water
Property SubType: Residential Income
Inclusions: Dryer, Washer
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) program of Aspen Glenwood Springs MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Data Is Deemed Reliable But Is Not Guaranteed Accurate.
AGSMLS data last updated at March 26, 2017 5:19 PM MT