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Home » 3637 HIGHWAY 82, GLENWOOD SPRINGS, CO 81601

3637 HIGHWAY 82, GLENWOOD SPRINGS, CO 81601

3637 Highway 82
Glenwood Springs, CO 81601

$2,100,000

Beds: 14
Baths: 0
Sq. Ft.: 15,467
Type: Single Family Home
Listing #150051
2.2 acres of land located along Highway 82 on the Aspen side of Glenwood Springs. Permits are ready with plans and approvals included for a Z-Group Architects designed 54-unit apartment complex comprised of 11 one-bedroom units, 37 two-bedroom units and 6 three-bedroom units. Proposed gross square footage of new building one is 32,384 (including basement storage of 2,712 SF) and 32,479 (including basement storage of 3,606 SF) for building two. Average one-bedroom unit sizes are about 560 SF, two-bedroom units about 885 SF, and three-bedroom units about 1,180 SF. The property is located on County Road 154, which is the back way to Glenwood, an alternative to the downtown congestion. The bike path also runs in front of the property to Glenwood, Aspen and beyond. A stop light intersection makes for easy access to Highway 82. Water and sewer are city owned municipally run systems, and irrigation water helps reduce the water bill throughout the summer. The land slopes downhill from the highway towards the Roaring Fork River below, reducing highway noise. The site is gently sloping, which is easier to build and maintain. It is a safe and quiet neighborhood, and only about 1.5 miles from the retail services of Glenwood including Wal-Mart. The former Buffalo Valley Restaurant and meeting space along with six rental apartments and eight hotel rooms currently occupy the property that are currently 100% rented. Enjoy faster access to Aspen and the Roaring Fork Valley being located south of Glenwood Springs. This is a great development opportunity that is ready to get started. www.BuffaloValleyGlenwood.com
Property Features
Location Information
County: Garfield
Major Area: 09-South of Glenwood
Latitude: 39.505311
Longitude: -107.303938
Minor Area: Glenwood
Subdivision: None
Directions: From Aspen, turn right off of Highway 82 on CR 154.
Interior Features
Full Baths: 0
Exterior Features
Style: Other
Sanitation: Sewer
Water: Community
Electric: No
Lot Size in Acres: 2.2
Mineral Rights: No
Water Rights: No
Additional Information
Property Type: SFR
Property SubType: Residential Income
Year Built: 1958
Status: Active
HOA Fee: 610
HOA Frequency: Unknown
Tax Year: 2016
Tax Amount: 20, 971.56
Garage Description: Common


$ per month
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Monthly Tax: $
Monthly Insurance: $
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List Price:
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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.
Seller's Representative:
Aspen Snowmass Sotheby's International Realty-Hyman Mall
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AGSMLS data last updated at January 15, 2018 5:19 PM MT