Apartment Building

New Castle, CO Apartment Buildings for Sale

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Silt, CO Glenwood Springs, CO Rifle, CO Collbran, CO Carbondale, CO Gypsum, CO
Short-Term Rental Property with Retail Space
Updated: Jun 16
Short-Term Rental Property with Retail Space

502 W Main Street, New Castle, CO 81647

$1,450,000
Seven individual residential units currently used for short‑term rentals
Main‑level commercial unit leased to a salon through 2029
Restaurant infrastructure in the commercial space
Furnishings, equipment, and FF&E included
Remodeled and updated throughout
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in New Castle, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Corner Exposure
Mixed-Use Building with Corner Exposure

230 Third Street, Eagle, CO 81631

$2,099,000
4,625 sqft

8-unit mixed-use building on a highly visible corner along Highway 6, currently 100% leased and generating a 6.8% cap rate.

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Mixed-Use Apartment Building with Retail
Mixed-Use Apartment Building with Retail

700 Red Table Drive, Gypsum, CO 81637

Contact for pricing
17,183 sqft

Diversified mixed-use building with individually metered utilities and modern in-unit amenities across 16 total units.

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30-Unit Class A Apartment Community
30-Unit Class A Apartment Community

435 Eby Creek Road, Eagle, CO 81631

Contact for pricing
24,994 sqft

Fully market-rate apartment community with one- and two-bedroom units, professionally managed by Trybe Properties.

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45-Unit Apartment Building
45-Unit Apartment Building

625 Red Table Dr, Gypsum, CO 81637

Contact for pricing

Built in 2007, the community offers studio, one-, and two-bedroom layouts with on-site parking.

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New Castle, CO Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in New Castle, CO on our real estate platform.

Sale prices for two-family homes in New Castle, CO average $1,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 7,037
Population Growth (5Y) -4.0%
Median Household Income $80,139
College Educated 40.4%

High-Yield Neighborhoods for Investment

Identify New Castle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
81647 $1.5M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Garfield County

New Delisted

Total CRE Inventory on Market (SF)

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