Aspen, CO High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Aspen, Colorado Market population: 7K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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3 properties found
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π Average Cap Rate For Aspen CO Properties: 5.7%
β Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
π Avg Property Tax Rate For Aspen CO Properties: 2.2000%
β Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
Investor Questions For Aspen CO
Common questions from investors exploring commercial real estate in Aspen CO.
What's the overall investment outlook for Aspen, CO?
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Aspen's 7.5% poverty rate and 87.9% health insurance coverage suggest a stable market with a strong foundation for renters, while its top industries in professional services and education indicate a diverse economy, making it an attractive location for real estate investment.
How does the local economy impact rental demand?
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The presence of top industries like professional services, education, and healthcare, combined with a median household income of $71,856 and a relatively low poverty rate, suggests a strong and stable rental market, with a diverse tenant base including professionals and families.
What role does commute time play in Aspen's real estate market?
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Aspen's average commute time of 13.1 minutes, with a high percentage of residents using public transit or walking, indicates a well-planned and accessible city, which can increase property values and attract renters who value convenience and a high quality of life.
How does ethnic diversity impact the local real estate market?
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Aspen's diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, suggests a vibrant and inclusive community, which can attract a wide range of renters and buyers, and contribute to a stable and growing real estate market.
What are the key factors to consider when evaluating investment potential in Aspen?
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When evaluating investment potential in Aspen, consider the city's low poverty rate of 7.5%, high health insurance coverage of 87.9%, and strong economy driven by top industries like professional services and education, as well as its high median property value of $477,600 and relatively low average commute time of 13.1 minutes, which all contribute to a stable and attractive real estate market.
Aspen CO Real Estate & City Facts
Key facts and real estate information about Aspen CO.
What are some of the best neighborhoods to live in Aspen?
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Some of the best neighborhoods to live in Aspen include Snowmass Village, the West End, Central Core, and Old Snowmass. Each neighborhood has its own unique character and advantages, such as proximity to downtown Aspen, top-rated schools, and parks.
What are some fun things to do in Aspen?
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Aspen has a wide range of activities to enjoy, including skiing, hiking, and exploring the city's vibrant restaurant and nightlife scene. Some popular spots include Ajax Tavern, Meat and Cheese Restaurant and Farm Shop, and Louis Swiss Bakery.
What is the food scene like in Aspen?
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Aspen's restaurant scene is diverse and exciting, with a variety of cuisines to suit any palate. Some popular restaurants include Jimoto, Francesca's Pasta Market & Empanadas, and French Pastry & More. There are also plenty of great food trucks and cafes to grab a quick bite.
What are the pros and cons of living in Aspen?
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The pros of living in Aspen include its natural beauty, outdoor recreation opportunities, and a strong sense of community. However, the cost of living in Aspen is extremely high, and some residents have noted that the city can feel crowded and touristy at times. Additionally, the walkability of amenities and public transit options are limited.
Is Aspen a good place to live?
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Aspen can be a great place to live for those who value its unique combination of natural beauty, outdoor recreation, and cultural amenities. However, the high cost of living and limited affordability may make it challenging for some people to make the city their home. Ultimately, whether Aspen is a good place to live depends on individual priorities and preferences.
π Average Income For Aspen CO Commercial Property: $71,856
β Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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