Residential Income · Pending

1041 24th

Rifle, CO 81650

61 Beds · 27,115 Sq Ft

$2,400,000

Quadruplex

Property Type

2000

Year Built

$89

Price per Sq Ft

5412325

MLS #

About This Property

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.

18 days on market

Listed by Charles Burkhart · Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. · charles.burkhart@marcusmillichap.com,214-336-6064

Last updated: 10/7/2026 11:51 AM · Source: REcolorado®, MLS#: 5412325

Property Details

Key Details

Property Type Residential Income
Sub Type Quadruplex
Status Pending
Price per Sq Ft $89
Subdivision Knollridge #1
MLS # 5412325
Days on Market 18
Bedrooms 61

More Details

Year Built 2000
HOA No
Annual Taxes $0
State CO
County Garfield

Interior

Heating Forced Air
Cooling Other

Exterior & Parking

Roof Unknown

Building & Lot

Levels One
Construction Stucco
Sewer Public Sewer

Terms & Other

Senior Community No
Special Conditions None Known

Location

Price History

DateEventPrice
10/7/2026 Pending
Source: REcolorado® #5412325
—
10/7/2026 Listed for sale
Source: REcolorado® #5412325
$2,400,000 $89/sqft

Based on information submitted to the MLS GRID as of October 25, 2026 at 1:15 PM MDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information last updated October 7, 2026 at 11:51 AM.

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