75 Prospector Rd Unit 2304 Fw 1,9,10 Fl · Aspen, CO 81611

$90,000

2 bd · 2.0 ba · 1,457 sqft · Condo public records · 105 Days on market

Built 2001 $62/sqft · 114% above area $1969/mo HOA · 24% of rent

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +5.0/5.0
• Schools +4.1/10.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

GUARANTEED FIXED JANUARY and SPRING BREAK FOREVER. WEEKS 1,9,10 plus one Float week. ONE OF A KIND INCREDIBLE OWNERSHIP OPPORTUNITY THE RITZ-CARLTON CLUB, ASPEN HIGHLANDS, HIGHLY SOUGHT AFTER FIXED WEEK Two-Bedroom WINTER PREFERRED Membership. This beautiful two-bedroom, top-floor Residence offers views of the Highlands Village and Tie-hack Mountain. This FIXED WEEK WINTER PREFERRED Membership annually provides THREE Winter Weeks, and 1 additional float week (TBD). THE FIXED WEEKS ARE WEEKS #1, Early January, and TWO CONSECUTIVE SPRING BREAK weeks, #9 & #10. UPCOMING allocation: January 2-9 /2027, Feb 27-March 6, and March 6-13, 2027. Float week (TBD). The Ritz Carlton Club Aspen Highlands is located at the base of Highlands Mountain, one of the premier ski resorts in North America. Only minutes away from the Maroon Bells Valley, one of the most photographed Mountain Ranges in the United States. The Club is a ski-in, ski-out property. All the amenities you've come to enjoy at legendary Ritz-Carlton properties and more. Daily services, Club Restaurant, Health Club, and Spa: slope-side outdoor pools and hot tubs--year-round owner storage and valet-serviced underground parking while in residence. Offers Ritz Kids venue, older children/adult game rooms, and Member business center. Addendum Trading privileges with other Ritz Carlton Club Residence properties in St. Thomas, Vail, Lake Tahoe, and San Francisco. Affiliations with 3rd Home and selected MVCI locations provide many other vacation opportunities in other exclusive locations .*Photos are stock photos, not actual residence''. All residences are similarly appointed. Addendum Taxes are included in the HOA fee.

Key facts

• Ritz kids venue
• Hot tubs
• $1,969 HOA

Tags

• SKI IN SKI OUT PROPERTY
• SLOPE SIDE OUTDOOR POOLS
• HOT TUBS
• YEAR ROUND OWNER STORAGE
• RITZ KIDS VENUE
• MEMBER BUSINESS CENTER

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $90k.

Deal economics

• At list price, monthly cash flow is $4k ($46k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($8k rent vs $90k).
• Recommended offer: $82k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#142 in CO) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, schools B+; Watch: amenities F, cost of living F, health & safety F.
• Aspen School District No. 1 In The County Of Pitkin And Sta (rural): math 36% / reading 56% proficiency, ranked #18 of 86 in CO (top 21%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 4% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising fast (+22.1%/yr); 324 active listings in the ZIP; solid renter incomes; 145 units permitted in Pitkin County in 2024 (89 in 5+ unit buildings).
• At $8,376/mo this rent would consume 122% of the median local household income ($83k/yr) (locally 566% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $10k of equity ($622 loan paydown + $9k appreciation (10.0% local appreciation)).
• Pitkin County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 8.0% rent growth), your $25k cash investment doubles in ~1 year — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 105 days — a 9% lower offer ($82k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $34k (28%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.6% of price; HOA is 24% of rent.

Recommended offer $81,900 (9.0% below list)

Questions for the listing agent

1. It's been on market 105 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 9.31% ✓
• Cap rate: 57.91%
• Cash-on-cash: 184.33%
• DSCR: 9.20
• GRM: 0.9

CMA / ARV

• ARV (median comp): $41,988
• List price: $90,000
• Delta: 114.35%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

10.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 14.54×
• Total profit: $341,257
• Equity at exit: $81,079

10-year hold

• IRR: —
• Equity multiple: 37.65×
• Total profit: $923,576
• Equity at exit: $174,850

Cash invested: $25,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 38 Tenant-Leaning
• State Colorado: 38 Tenant-Leaning · D+4
• County: — inherits STATE
• City: — inherits STATE

2023 reforms: 10-day cure, mandated notice, source-of-income protected. Courts backlogged in Denver.

Methodology + full state rankings →

ZIP-level market 81611

• Home prices YoY: 3.6%
• Rents YoY: 22.1%
• Active inventory: 324
• Price-to-rent: 0.9×

Monthly cashflow live

• Estimated rent: $8,376 medium
• Mortgage (P&I): −$472
• Tax from tax record: −$268 /mo · $3,214/yr
• Insurance: −$38
• HOA: −$1,969
• Vacancy / Maint / Mgmt: −$1,759
• Net cashflow: $3,871

Break-even live

Break-even rent $3,476

Max offer price $90,000

Occupancy floor 49%

Sensitivity live

Price	-10% $3,922	-5% $3,896	+0% $3,871	+5% $3,845	+10% $3,820
Rent	-10% $3,209	-5% $3,540	+0% $3,871	+5% $4,202	+10% $4,533
Rate	-1.0pp $3,916	-0.5pp $3,894	base $3,871	+0.5pp $3,848	+1.0pp $3,824

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

HOA detail condo

• Monthly dues: $1,969 · $23,628/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 22 events

1. 2026-06-19
   days on market $90,000 Active 105 DOM
2. 2026-06-18
   price $90,000 Active 104 DOM
3. 2026-06-18
   days on market $124,500 Active 104 DOM
4. 2026-06-17
   days on market $124,500 Active 103 DOM
5. 2026-06-16
   days on market $124,500 Active 102 DOM
6. 2026-06-15
   days on market $124,500 Active 101 DOM
7. 2026-06-14
   days on market $124,500 Active 99 DOM
8. 2026-06-12
   days on market $124,500 Active 98 DOM
9. 2026-06-09
   days on market $124,500 Active 95 DOM
10. 2026-06-08
    days on market $124,500 Active 94 DOM
11. 2026-06-07
    days on market $124,500 Active 93 DOM
12. 2026-06-05
    days on market $124,500 Active 90 DOM
13. 2026-06-02
    days on market $124,500 Active 88 DOM
14. 2026-06-01
    days on market $124,500 Active 87 DOM
15. 2026-05-31
    days on market $124,500 Active 86 DOM
16. 2026-05-30
    days on market $124,500 Active 85 DOM
17. 2026-03-03
    listed $124,500 Active 1697-char remark

    Show marketing remark (1697 chars)

    GUARANTEED FIXED JANUARY and SPRING BREAK FOREVER. WEEKS 1,9,10 plus one Float week. ONE OF A KIND INCREDIBLE OWNERSHIP OPPORTUNITY THE RITZ-CARLTON CLUB, ASPEN HIGHLANDS, HIGHLY SOUGHT AFTER FIXED WEEK Two-Bedroom WINTER PREFERRED Membership. This beautiful two-bedroom, top-floor Residence offers views of the Highlands Village and Tie-hack Mountain. This FIXED WEEK WINTER PREFERRED Membership annually provides THREE Winter Weeks, and 1 additional float week (TBD). THE FIXED WEEKS ARE WEEKS #1, Early January, and TWO CONSECUTIVE SPRING BREAK weeks, #9 & #10. UPCOMING allocation: January 2-9 /2027, Feb 27-March 6, and March 6-13, 2027. Float week (TBD). The Ritz Carlton Club Aspen Highlands is located at the base of Highlands Mountain, one of the premier ski resorts in North America. Only minutes away from the Maroon Bells Valley, one of the most photographed Mountain Ranges in the United States. The Club is a ski-in, ski-out property. All the amenities you've come to enjoy at legendary Ritz-Carlton properties and more. Daily services, Club Restaurant, Health Club, and Spa: slope-side outdoor pools and hot tubs--year-round owner storage and valet-serviced underground parking while in residence. Offers Ritz Kids venue, older children/adult game rooms, and Member business center. Addendum Trading privileges with other Ritz Carlton Club Residence properties in St. Thomas, Vail, Lake Tahoe, and San Francisco. Affiliations with 3rd Home and selected MVCI locations provide many other vacation opportunities in other exclusive locations .*Photos are stock photos, not actual residence''. All residences are similarly appointed. Addendum Taxes are included in the HOA fee.

18. 2024-07-15
    soldstatus $100,000 Closed 1587-char remark

    Show marketing remark (1587 chars)

    SPRING BREAK FOREVER. ONE OF A KIND INCREDIBLE OWNERSHIP OPPORTUNITY THE RITZ-CARLTON CLUB, ASPEN HIGHLANDS, HIGHLY SOUGHT AFTER FIXED WEEK Two-Bedroom WINTER PREFERRED Membership. This beautiful two-bedroom, top-floor Residence offers views of Highlands Village and Tie-hack Mountain Backgrounds This FIXED WEEK WINTER PREFERRED Membership annually provides THREE Winter Weeks, and 1 additional float week (TBD). THE FIXED WEEKS ARE WEEKS #1, Early January, and TWO CONSECUTIVE SPRING BREAK weeks, #9 & #10. UPCOMING allocation; SPRING BREAK March 2-16/2024, January 4-11/2025, March 1-15/2025. The Ritz Carlton Club Aspen Highlands is located at the base of Highlands Mountain, one of the premier ski resorts in North America. Only minutes away from The Maroon Bells Valley one of the most photographed Mountain Ranges in the United States. The Club is a Ski-In Ski-Out property. All the amenities you've come to enjoy at legendary Ritz-Carlton properties and more. Daily services, Club Restaurant, Health Club, and Spa. Slope-side outdoor pools and hot tubs. Year-round owner storage and valet serviced underground parking while in residence. Offers Ritz Kids venue and older children /adult game rooms and Member business center. Addendum Trading privileges with other Ritz Carlton Club Residence properties in St. Thomas, Vail, Lake Tahoe, and San Francisco. Affiliations with 3rd Home and selected MVCI locations provide many other vacation opportunities in other exclusive locations .*Photos are stock photos, not actual residence''. All residences are similarly appointed.

19. 2024-06-11
    status Pending 1587-char remark

    Show marketing remark (1587 chars)

    SPRING BREAK FOREVER. ONE OF A KIND INCREDIBLE OWNERSHIP OPPORTUNITY THE RITZ-CARLTON CLUB, ASPEN HIGHLANDS, HIGHLY SOUGHT AFTER FIXED WEEK Two-Bedroom WINTER PREFERRED Membership. This beautiful two-bedroom, top-floor Residence offers views of Highlands Village and Tie-hack Mountain Backgrounds This FIXED WEEK WINTER PREFERRED Membership annually provides THREE Winter Weeks, and 1 additional float week (TBD). THE FIXED WEEKS ARE WEEKS #1, Early January, and TWO CONSECUTIVE SPRING BREAK weeks, #9 & #10. UPCOMING allocation; SPRING BREAK March 2-16/2024, January 4-11/2025, March 1-15/2025. The Ritz Carlton Club Aspen Highlands is located at the base of Highlands Mountain, one of the premier ski resorts in North America. Only minutes away from The Maroon Bells Valley one of the most photographed Mountain Ranges in the United States. The Club is a Ski-In Ski-Out property. All the amenities you've come to enjoy at legendary Ritz-Carlton properties and more. Daily services, Club Restaurant, Health Club, and Spa. Slope-side outdoor pools and hot tubs. Year-round owner storage and valet serviced underground parking while in residence. Offers Ritz Kids venue and older children /adult game rooms and Member business center. Addendum Trading privileges with other Ritz Carlton Club Residence properties in St. Thomas, Vail, Lake Tahoe, and San Francisco. Affiliations with 3rd Home and selected MVCI locations provide many other vacation opportunities in other exclusive locations .*Photos are stock photos, not actual residence''. All residences are similarly appointed.

20. 2024-01-22
    listed $120,000 Active 1587-char remark

    Show marketing remark (1587 chars)

    SPRING BREAK FOREVER. ONE OF A KIND INCREDIBLE OWNERSHIP OPPORTUNITY THE RITZ-CARLTON CLUB, ASPEN HIGHLANDS, HIGHLY SOUGHT AFTER FIXED WEEK Two-Bedroom WINTER PREFERRED Membership. This beautiful two-bedroom, top-floor Residence offers views of Highlands Village and Tie-hack Mountain Backgrounds This FIXED WEEK WINTER PREFERRED Membership annually provides THREE Winter Weeks, and 1 additional float week (TBD). THE FIXED WEEKS ARE WEEKS #1, Early January, and TWO CONSECUTIVE SPRING BREAK weeks, #9 & #10. UPCOMING allocation; SPRING BREAK March 2-16/2024, January 4-11/2025, March 1-15/2025. The Ritz Carlton Club Aspen Highlands is located at the base of Highlands Mountain, one of the premier ski resorts in North America. Only minutes away from The Maroon Bells Valley one of the most photographed Mountain Ranges in the United States. The Club is a Ski-In Ski-Out property. All the amenities you've come to enjoy at legendary Ritz-Carlton properties and more. Daily services, Club Restaurant, Health Club, and Spa. Slope-side outdoor pools and hot tubs. Year-round owner storage and valet serviced underground parking while in residence. Offers Ritz Kids venue and older children /adult game rooms and Member business center. Addendum Trading privileges with other Ritz Carlton Club Residence properties in St. Thomas, Vail, Lake Tahoe, and San Francisco. Affiliations with 3rd Home and selected MVCI locations provide many other vacation opportunities in other exclusive locations .*Photos are stock photos, not actual residence''. All residences are similarly appointed.

21. 2021-08-10
    soldstatus $22,000
22. 2017-09-05
    soldstatus $41,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CO · Resets to sale price

• Current annual tax: $3,214 · $268/mo
• Projected year-2 tax: $3,214 · $268/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 1/10 Low 8 d/yr ≥78°F today · 23 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $100,515
• − Mortgage interest: −$5,041
• − Property taxes: −$3,214
• − Insurance: −$450
• − Repairs & maintenance: −$8,041
• − Management: −$8,041
• − HOA: −$23,628
• − Depreciation: −$2,618
• Taxable income: $49,481
• Est. tax owed @ 24.0%: −$11,875
• After-tax cash flow: $34,576/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Aspen School District No. 1 In The County Of Pitkin And Sta
• NCES district ID: 0802280
• Math proficiency: 36% ▼ -5.00%
• Reading proficiency: 56% ▼ -3.00%
• Median HH income: $66,694
• Composite: 40.98/100
• National rank: #3595
• State rank: #18 of 86 in CO

Livability — Aspen

• Score: 66/100
• State rank: #142
• US rank: #11780

Category grades

Amenities F Commute A+ Cost of living F Crime C+ Employment A+ Housing C Health & safety F User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Aspen, CO
• County: Pitkin County · 9,068 people
• City population: 9,068
• Metro: Glenwood Springs, CO
• Population (ZIP): 9,068
• Household income: $82,664
• Rent vs Own: 41.4% rent · 58.6% own
• Severe rent burden: 566.0

Population outlook (Pitkin County) Hauer SSP2

• Today (2025): 20,121 people
• By 2030: 21,110 · +4.9%
• By 2040: 22,707 · +12.9%
• By 2050: 24,105 · +19.8%
• By 2075: 27,933 · +38.8%
• By 2100: 30,018 · +49.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Hispanic / Latino 10% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 4% Salvadoran 4%
• Common ancestry: Slovak 3% Iranian 3% Romanian 3%
• Foreign-born: 15% · Canada, Dominican Republic, China
• Languages at home: 82% English-only · Spanish 9% Other Indo-European 2% Chinese 2%

Political lean MEDSL · Pitkin

• 2024 margin: Solid D (+44.2) · D 71.0% · R 26.8% · Other 2.2%
• 2008→2024 swing: -4.6pp toward R · 2008: 48.8pp · 2024: 44.2pp
• All cycles: 2024: D+44.2 2020: D+51.9 2016: D+45.4 2012: D+37.9 2008: D+48.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 12.97%
• Current HPI: 370.9593
• Rent YoY: ▲ 22.07%
• Metro: Glenwood Springs, CO
• State GDP YoY: ▲ 1.95%
• F500 in state: 14

Industry mix (Fortune 500 HQ in CO)

Industry	F500 HQs	Revenue
▸Technology Distribution	1	$31B
▸Food / Agriculture	1	$18B
▸Packaging	1	$14B
▸Healthcare	1	$13B
▸Energy	1	$10B
▸Technology	1	$4B

Price history

+203.7% since first listed

6 events — show timeline

• 2026-03-03 Listed $124,500 AGMLS
• 2024-07-15 Sold (MLS) $100,000 AGMLS
• 2024-06-11 Pending — AGMLS
• 2024-01-22 Listed $120,000 AGMLS
• 2021-08-10 Sold (Public Records) $22,000 Public Records
• 2017-09-05 Sold (Public Records) $41,000 Public Records

Property tax history

-8.1%/yr

Latest (2025): $3,214 · -2.0% YoY. Source: county tax records.