$6,000,000
( $596.24Per Sq Foot )
 $32,209 est/mo Sourced by Back At You
Source MLS Verified

619 Overlin Drive 1-2 & 4-11,Glenwood Springs, CO 81601

Glenwood Springs, CO 81601

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Description

Newly constructed multifamily in a great location, walking distance to downtown Glenwood Springs and public transportation. 619 Overlin Drive is a two-building townhome community in a supply-constrained market with high rental demand, and it is actively leasing. The townhome design puts better living first, for tenants and owners alike, with the comfort and stability of ownership-style living. Hold the portfolio, resell, or phase your exit. Investment highlights Recently appraised at $6.2M, Projected gross annual rents of roughly $410K, Projected NOI of approximately $320K per year, a 5.3% projected cap rate at $6.0M, New construction with no deferred maintenance, Opportunity for the owner to seek bonus depreciation. Walkable to downtown and transit, which supports tenant demand, Very limited supply of comparable new townhome product in the valley Other purchase options include individual units, MLS 193713 - 4 units for $2.3m or MLS 193714 - 6 units for $3.7m. Projections and estimates are not guaranteed.

Details

MLS #194847
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year2026
Days On Site12
Listing Provided ByWest Real Estate | Benjamin West

Features

SQ Feet10,063
BasementY
Story(s)3
ZoningR-HD
Acreage0.67

Taxes

Property30355

Area Information

StateCO
CountyGarfield
CityGlenwood Springs
Zip Code81601
AreaGlenwood Springs
Listing VS Median (in 81601)
Price:
$6,000,000
low | high
Med:
$955,000
100% of Average
sqft:
10,063
low | high
Med:
2,334
100% of Average
$ / sqft:
$596
low | high
Med:
$409
81.375571265353% of Average
On site:
12
low | high
Med:
207
5.797101449275% of Average
Sourced by Back At You

Market Activity 81601

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© Copyright 2026 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.

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Learn More About This Property

StateCO
CountyGarfield
CityGlenwood Springs
Zip Code81601
AreaGlenwood Springs
Listing VS Median (in 81601)
Price:
$6,000,000
low | high
Med:
$955,000
100% of Average
sqft:
10,063
low | high
Med:
2,334
100% of Average
$ / sqft:
$596
low | high
Med:
$409
81.375571265353% of Average
On site:
12
low | high
Med:
207
5.797101449275% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $4.5M - $7.5M
sqft: 7,500 - 12,500
Nearby Listings Property ImageNearby Listings Details
619 Overlin Drive 1-2 & 4-11 Property Photo 1
$6,000,000
619 Overlin Drive 1-2 & 4-11
Glenwood Springs, CO 81601
Listing Updated: October 12, 2026 at 11:16:07 AM PDT
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