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2 condos for sale in Mt Crested Butte, CO

3,203 Views | 14 Replies | Last: 10 mo ago by proudaggie02
proudaggie02
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5:39p, 3/15/25
AG
I have 2 condos for sale in Mt Crested Butte: great views, 2 minute walk to the ski base, and a great swimming pool/hot tub. Both have 5+ years of great rental income. They can be bought individually or together; they are separated by one unit. Please reach out if interested.

https://www.realtor.com/realestateandhomes-detail/6-Emmons-Rd-Unit-461_Mt-Crested-Butte_CO_81225_M19633-23853?from=srp-list-card

https://www.realtor.com/realestateandhomes-detail/6-Emmons-Rd-465_Crested-Butte_CO_81225_M29388-69434?from=srp-list-card

*You can email me at breckloftds@yahoo.com
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SteveBott
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6:26p, 3/15/25
AG
FYI both your listings have 0 bedrooms. Might fix that
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proudaggie02
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In reply to SteveBott • 8:06p, 3/15/25
AG
SteveBott said:
FYI both your listings have 0 bedrooms. Might fix that

Thanks. They are both studios, as the bedroom area does not have a door separating it from the rest of the unit.
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scrap
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7:56p, 3/27/25
AG
What are the condo association monthly fee.

When averaging the year, what is the estimated income the property brings in?

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proudaggie02
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11:43p, 4/7/25
AG
~$830 monthly HOA
~$38,000/year per unit over the last 4 years.
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Aggie_Boomin 21
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In reply to proudaggie02 • 2:08p, 4/8/25
AG
Is that $38,000 based off it being listed 24/7/365 or blocked off for personal use for part of the year?
Also revenue or net?
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Bayou City
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1:30a, 4/9/25
Arent there STR restrictions in place or being put into place?

Yup found them. DEF something you want to understand if you're going to buy and attempt to rent.

https://www.crestedbutte-co.gov/vacationrentals
"I've lived through some terrible things in my life, some of which have actually happened."

Mark Twain
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proudaggie02
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9:43p, 4/9/25
AG
^
Those don't apply to our building in Mt CB. I pay a $40 annual pillow fee/tax per unit.
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proudaggie02
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In reply to Aggie_Boomin 21 • 11:53p, 4/9/25
AG
Aggie_Boomin 21 said:
Is that $38,000 based off it being listed 24/7/365 or blocked off for personal use for part of the year?
Also revenue or net?

Gross. I wanna say these units have averaged about 225-250 nights/year the last few years. I probably have ~10 nights of owner stay or friends stay annually.
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Aggie_Boomin 21
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In reply to proudaggie02 • 8:50a, 4/10/25
AG
Thanks.
I actually stayed in a condo in that exact building 3 years ago.
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Bayou City
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In reply to proudaggie02 • 2:42a, 4/14/25
Yet
"I've lived through some terrible things in my life, some of which have actually happened."

Mark Twain
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SteveBott
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In reply to Bayou City • 8:31a, 4/14/25
AG
You sure are uplifting this morning.
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proudaggie02
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In reply to Bayou City • 11:51p, 4/16/25
AG
Bayou City said:
Yet

Not likely. I'm very familiar with the area.
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Agshooter05
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4:49p, 4/17/25
What kind of property management fees are you having to pay for the rental income?
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proudaggie02
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In reply to Agshooter05 • 11:27p, 4/18/25
AG
Agshooter05 said:
What kind of property management fees are you having to pay for the rental income?

$75/month mgmt fee & $100/cleaning (which is billed to the guest). I handle bookings.
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