Commercial Sale · Active
Glenwood Springs, CO 81601
0 Baths · 10,063 Sq Ft
$6,000,000
Business
Property Type
0.67 acres
Lot Size
2026
Year Built
$596
Price per Sq Ft
194847
MLS #
About This Property
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.
8 days on market
Listed by Benjamin West · West Real Estate · 970-773-1313
Property Details
| Property Type | Commercial Sale |
| Sub Type | Business |
| Status | Active |
| Price per Sq Ft | $596 |
| Subdivision | None |
| MLS # | 194847 |
| Days on Market | 8 |
| Year Built | 2026 |
| Lot Size (Sq Ft) | 23,185 |
| Acres | 0.67 |
| Annual Taxes | $30,356 |
| Tax Year | 2026 |
| State | CO |
| County | Garfield |
| Zoning | R-HD |
| Roof | Membrane |
| Basement | Crawl Space |
| Lot Features | Landscaped |
| Construction | Frame |
| Water Source | Public |
| New Construction | Yes |
| Listing Terms | Cash |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/12/2026 |
Listed for sale Source: Aspen Glenwood MLS #194847 |
$6,000,000 $596/sqft |
| 9/29/2026 |
Price change Source: Aspen Glenwood MLS #193715 |
$6,000,000 -3.2% $596/sqft |
| 9/9/2026 |
Price change Source: Aspen Glenwood MLS #193715 |
$6,200,000 -8.8% $616/sqft |
| 9/1/2026 |
Back on market Source: Aspen Glenwood MLS #193715 |
— |
| 8/30/2026 |
Active Under Contract Source: Aspen Glenwood MLS #193715 |
— |
| 8/12/2026 |
Listing removed Source: Aspen Glenwood MLS #193715 |
— |
| 6/29/2026 |
Listing removed Source: Aspen Glenwood MLS #193314 |
— |
| 6/29/2026 |
Price change Source: Aspen Glenwood MLS #193314 |
$6,800,000 -4.9% $676/sqft |
| 6/29/2026 |
Price change Source: Aspen Glenwood MLS #193314 |
$7,150,000 +8.3% $711/sqft |
| 4/11/2026 |
Listed for sale Source: Aspen Glenwood MLS #193715 |
$6,600,000 +140.0% $656/sqft |
| 4/11/2026 |
Listed for sale Source: Aspen Glenwood MLS #193314 |
$2,750,000 $273/sqft |
Copyright 2026 Aspen Glenwood MLS. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable but is not guaranteed accurate by the MLS.
Thank you — a Mont Haus broker will be in touch shortly.