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$ 2,400,000
Est. payment /mo
Active
1041 24th Rifle, CO 81650
61 Beds
27,115 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 27,115 sqft
Subdivision Knollridge #1
MLS Listing ID IRE2348611
Bedrooms 61
HOA Y/N No
Year Built 2000
Tax Year 2025
Source ires
Property Description
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.
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.
Location
State CO
County Garfield
Community Knollridge #1
Area Out Of Area
Interior
Heating Forced Air
Exterior
Parking Features Off Street
Garage Spaces 72.0
View Y/N No
Roof Type Other
Garage Yes
Building
Sewer Public Sewer
Level or Stories One
Structure Type Stucco
New Construction false
Schools
Elementary Schools Elk Creek
Middle Schools Rifle
High Schools Garfield Re-2
School District Garfield Re-2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Private Owner
Listed by Charles Burkhart
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