- 22,620 +/- Sqft
Solid investment opportunity and WELL below replacement cost: Building consists of 8 commercial units and 16 residential units, Laundry room, storage units for residences, and elevator, situated on just under 1.5 acres of land with 66 parking spaces and Highway 6 exposure. Great tenant mix, well maintained building, and approaching a 7 CAP by the end of 2019 with increasing income opportunities.
Located west of Eagle, not far from Glenwood Canyon and the airport, as well as a convenient drive along I-70 to the up valley resorts, Gypsum offers opportunities for the first time home buyer and outdoor enthusiast. Enjoy town festivities at the Lundgren Ampitheater and a variety of recreational pursuits at the impressive Gypsum Rec Center. Horse properties, ranches, golf course homes and modest houses mix in this authentic Western town, all with mountain views.