1041 24th, Rifle, CO 81650
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
1041 24th,Rifle, CO 81650
$2,400,000
- 61 Beds
- - Baths
- 27,115 sq. ft.
- Multi-family
- Pending
Listed by: charles burkhart
Office: marcus & millichap real estate investment services of atlanta, inc.
MLS#:5412325
Source:ML
Price summary
- Price:$2,400,000
- Price per sq. ft.:$88.51
About this home
Eagle's Nest Apartments is a 30-unit workforce housing community located in Rifle, Colorado, one of the last remaining affordable housing markets along the I-70 corridor. The property features a balanced mix of one-, two-, and three-bedroom floorplans with larger average unit sizes that cater to local workers and families seeking quality, attainable housing. Situated on approximately 6.14 acres, the community is well positioned to serve the region's growing demand for workforce housing.
Rifle has become an increasingly attractive residential market due to its affordability and strategic location with convenient access to major employment centers throughout Garfield County and the Roaring Fork Valley. As housing costs continue to rise in nearby communities such as Aspen, Snowmass Village, Basalt, and Carbondale, more residents are choosing Rifle as an affordable alternative while commuting to jobs across the region. The local economy is supported by a diverse mix of industries, including energy, healthcare, education, government, manufacturing, transportation, and construction, providing a stable employment base that supports long-term housing demand.
From an investment perspective, Eagle's Nest offers the opportunity to acquire a stabilized workforce housing asset in a supply-constrained market with durable occupancy fundamentals. Rifle's significant affordability advantage over neighboring mountain communities continues to drive renter demand and household formation, creating strong potential for sustained occupancy and long-term rental growth....
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Home facts
- Year built:2000
- Subdivision & Development:Knollridge #1
- Listing ID #:5412325
Rooms and interior
- Bedrooms:61
- Living area:27,115 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:2000
- Building area:27,115 sq. ft.
- Construction Materials:Stucco
- Levels:1 Story
Schools
- High school:Rifle
- Middle school:Rifle
- Elementary school:Elk Creek
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,400,000
- Price per sq. ft.:$88.51
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