Multi family 6 - one bedroom apartment units - residential investment opportunity in prime location in Crested Butte. 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.
Active
$2,995,000
525 Red Lady Avenue, Crested Butte, CO 81224
6beds
5,855sqft
Est.:
Apartment
Built in 1997
-- sqft lot
$2,859,600 Zestimate®
$512/sqft
$-- HOA
What's special
Gas fireplaceOff-street assigned parking space
- 165 days
- on Zillow |
- 176 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: November 14, 2024 at 11:38pm
Listed by:
Caleb Brewer 970-209-1911,
Peak Property Management & Sales
Source: CREN,MLS#: 819324

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Primary bedroom
- Level: Main
Dining room
- Features: Kitchen Bar
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Flooring: Carpet, Tile
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 5,855
- Total interior livable area: 5,855 sqft
Property
Parking
- Parking features: 1 per unit, Assigned, Off Street
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Mountain(s)
Details
- Parcel number: 325503186021
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Wood Siding
- Roof: Rolled/Hot Mop
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: City Sewer
- Water: City Water
- Utilities for property: Metered for Electricity, Metered for Gas
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: Yes
- HOA name: Majestic Condominium Association
Location
- Region: Crested Butte
Financial & listing details
- Price per square foot: $512/sqft
- Annual tax amount: $10,485
- Date on market: 11/12/2024
- Listing terms: Cash,Conventional
- Road surface type: Paved
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