525 Red Lady Avenue #241 - 246, Crested Butte, CO 81224
525 Red Lady Avenue #241 - 246, Crested Butte, CO 81224
525 Red Lady Avenue #241 - 246, Crested Butte, CO 81224
525 Red Lady Avenue #241 - 246, Crested Butte, CO 81224
525 Red Lady Avenue #241 - 246, Crested Butte, CO 81224
525 Red Lady Avenue #241 - 246, Crested Butte, CO 81224
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$ 2,999,000
Est. payment | /mo

6 Beds

6 Baths

5,855 SqFt


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$ 2,999,000
Est. payment | /mo
Save

6 Beds

6 Baths

5,855 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment Bldg.

Listing Status Active

Purchase Type For Sale

Square Footage 5,855 sqft

Price per Sqft $512

MLS Listing ID 835725

Style Other

Bedrooms 6

Full Baths 6

Year Built 1997

Tax Year 2024

Property Sub-Type Apartment Bldg.

Property Description

Exceptional opportunity to acquire a multi-family property featuring six (6) one-bedroom condo units in the heart of Crested Butte. Each unit has been condominimized, allowing for individual deeded ownership — perfect for investors seeking flexibility to sell units separately or operate as a rental portfolio. 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 retail center 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 the 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.

Location

State CO

County Gunnison

Zoning Residential

Rooms

Basement Crawl Space

Dining Room Kitchen Bar

Interior

Flooring Carpet, Tile

Fireplaces Type Living Room

Inclusions Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer

Furnishings Unfurnished

Exterior

View Mountains

Roof Type Rolled Asphalt

Building

Story Two Story

Foundation Crawl Space

Sewer City Sewer, City Water

Water City Sewer, City Water

New Construction No

Schools

Elementary Schools Crested Butte Community K-12

Middle Schools Crested Butte Community K-12

High Schools Crested Butte Community K-12

Colorado Real Estate Network (CREN) + Sold
Listed by Peak Property Management & Sales

Nearby Locations

Kelsey Loftis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 784-6768

kelseyloftis@gmail.com

PO Box 7053 Gunnison, CO 81230

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525 Red Lady Avenue #241 - 246