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BV Adventure 421 Chestnut St 5 Unit Apartment Building $2,350,000 ($470,000/Unit) Buena Vista, CO 81211

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Investment Highlights

Mixed Use Zoning
Steps to Adventure, the Arkansas River, Collegiate Peaks and Sleeping Indian

One Block From Historic Down Town Main Street

Executive Summary

More than just an investment, this property is an experience. Situated in the thriving mountain town of Buena Vista, Colorado, this brand-new mixed-use opportunity offers five versatile spaces, seamlessly blending luxury living with endless possibilities for work, recreation, and income generation. The property features three stunning high mountain contemporary desert-style residential units: a lower-level 2-bedroom, 2-bath unit, a 2-bedroom, 2.5-bath upper unit, and a 3-bedroom, 3-bath upper unit. The upper units can be connected for larger gatherings or locked off for privacy, making them ideal for flexible rental or living arrangements. Additionally, the property includes two garage/flex spaces, each with private exterior access and a half bath, perfect for an office, workshop, studio, or event space. The mixed use zoning allows for a wide variety of residential and commercial uses. Its thoughtful layout makes it an ideal setting for a bed and breakfast, corporate retreats, wellness getaways, or adventure-focused businesses, with ample space for classes, workshops, and team-building events. In Buena Vista, location is everything, and this property checks all the boxes. Just half a block from main street and in the heart of down town, enjoy walking to coffee shops, restaurants, and Buena Vista’s vibrant nightlife. The Arkansas River, only half a mile to the east, offers world-class rafting, fishing, and river surfing. Outdoor enthusiasts will love being just minutes from Four Mile Recreation Area and Sleeping Indian, with direct access to dirt biking, mountain biking, hiking, and off-road adventures. Some of Colorado’s best ski resorts—including Monarch Mountain, Copper Mountain, and Ski Cooper—are all within a short drive. This is a one-of-a-kind property—brand-new construction with a modern high mountain desert design, perfectly positioned for both investment, living, and adventure.

Property Facts

Price	$2,350,000	Building Class	B
Price Per Unit	$470,000	Building Size	4,825 SF
Sale Type	Investment	No. Stories	3
No. Units	5	Year Built	2025
Property Type	Multifamily	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Zoning	MU-2 - The MU-2 district is intended to support a mix of residential, retail, cultural, entertainment, and office uses.

Price	$2,350,000
Price Per Unit	$470,000
Sale Type	Investment
No. Units	5
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Building Class	B
Building Size	4,825 SF
No. Stories	3
Year Built	2025
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	MU-2 - The MU-2 district is intended to support a mix of residential, retail, cultural, entertainment, and office uses.