facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Colorado

/

Single Family Residence

/

Sale

/

1490 Ute Avenue, Aspen, Col...

Meriwether Companies & Revere Capital Acquire Single Family Property In Aspen, CO For $69M
SOLDSingle Family Residence

Meriwether Companies & Revere Capital Acquire Single Family Property In Aspen, CO For $69M

1490 Ute Avenue, Aspen, Colorado 81611, United States

$69,000,000

Building Size

Asset Type

Single Family Residence

Closing

Sep 30, 2022

AI

The single-family property located at 1490 Ute Ave, Aspen, CO has been sold in a recent transaction. The sale took place on October 1, 2022. The property was purchased by Meriwether Companies & Revere Capital for a total of $69,000,000. The transaction marks a significant deal in the Aspen market.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $69,000,000
  • Address: 1490 Ute Ave, Aspen, CO
  • Market: Aspen, CO

The buyers, Meriwether Companies & Revere Capital, acquired the property from Elizabeth & John Burgess. The involvement of these key individuals and companies adds significance to the deal. However, no additional information is available regarding loan amounts or square footage. The transaction represents a notable investment in the Aspen market.

Players

RC
Revere CapitalBuyer

Aspen Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.23%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93