00063B Avondale Unit 238L-50 · Avon, CO 81620

$18,000

3 bd · 3.0 ba · 1,393 sqft · Timeshare · 4 Days on market

Built 1999 Est $21k · 14% under $717/mo HOA · 16% 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
• ARV discount +13.7/15.0
• Appreciation +8.3/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.1/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Enjoy pre-Christmas Week in Beaver Creek in this designer furnished 3 bedroom comprised of a 2 bedroom plus studio lock-off in the heart of the Village. Additional points provide a full prime summer week or additional ski week every year. Photos may not be of the actual condo

Key facts

• Garage
• Pool
• Built 1999

Property features AI

Finance

• Other: Community amenities: cross-country trails, fishing, golf, shuttle service, tennis courts, trails
• HOA & community: Annual association fee; Association amenities include fitness center, front desk, on-site management, spa/hot tub; Association fee includes cable TV, club membership, common area maintenance, electricity, gas, heat, insurance, internet, management, sewer, taxes, telephone, trash, water, and furniture replacement

Exterior

• Utilities: Cable available; Electricity available; Natural gas available; Phone available; Sewer available; Trash service; Water available
• Home design: Multifamily property
• Construction: Tile roof; Poured in place foundation
• Exterior features: Multifamily zoning (mf)

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating; Baseboard heating; Ceiling fan(s) (cooling)
• Interior features: Furnished; Disposal; Range Hood
• Laundry & utility: Washer and Dryer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath timeshare listed at $18k.

Deal economics

• At list price, monthly cash flow is $3k ($33k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $18k).
• Cap rate 191.4% vs local median 2.3% in Avon — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 61/100 on livability (#220 in CO) — a middle-class / working-renter tenant base. Strengths: commute A+, health & safety A+, housing B; Watch: schools F, crime D-, amenities F.
• Eagle County School District No. RE-50 (town): math 22% / reading 42% proficiency, ranked #39 of 86 in CO (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 448 active listings in the ZIP; solid renter incomes; 387 units permitted in Eagle County in 2024 (256 in 5+ unit buildings).
• At $4,579/mo this rent would consume 53% of the median local household income ($103k/yr) (locally 744% 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 $1k of equity ($124 loan paydown + $1k appreciation (6.6% local appreciation)).
• Eagle County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (6.6% appreciation + 3.0% rent growth), your $5k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $18,000

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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.
7. 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.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 25.44% ✓
• Cap rate: 191.37%
• Cash-on-cash: 661.00%
• DSCR: 30.41
• GRM: 0.3

CMA / ARV

• ARV (on-the-fly): $20,895
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
00063B Avondale Ln #436 / Week 5	0.04mi	3/3.0	1,317 (-6%)	9mo	$25,000	$19	82
46 Avondale Ln #304 Calendar Weeks 13&14	0.12mi	2/— (-1)	1,379 (-1%)	8mo	$19,900	$14	82
46 Avondale Ln Unit 410 Calendar	0.12mi	2/2.0 (-1)	1,355 (-3%)	1mo	$20,000	$15	80
46 Avondale Ln	0.12mi	2/2.0 (-1)	1,355 (-3%)	4mo	$19,900	$15	78
46 Avondale Ln #403 Calendar Weeks 47&48	0.12mi	2/2.0 (-1)	1,379 (-1%)	7mo	$18,000	$13	78
46 Avondale #R-312	0.12mi	2/2.0 (-1)	1,353 (-3%)	7mo	$125,000	$92	75
210 Offerson Rd #209 - week 11	0.08mi	2/3.0 (-1)	1,300 (-7%)	8mo	$35,000	$27	74
210 Offerson Rd #R-108, Week 31	0.08mi	2/3.0 (-1)	1,300 (-7%)	10mo	$2,650	$2	72
210 Offerson Rd #R-119, Week 31	0.08mi	2/3.0 (-1)	1,300 (-7%)	10mo	$2,850	$2	72
210 Offerson Rd #303	0.08mi	2/2.0 (-1)	1,256 (-10%)	1mo	$10,750	$9	70
46 Avondale Ln #410 Calendar Weeks 9&10	0.12mi	2/2.0 (-1)	1,528 (+10%)	8mo	$135,000	$88	62
210 Offerson #111-10	0.08mi	2/3.0 (-1)	1,200 (-14%)	9mo	$33,000	$28	61

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

6.63% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 36.52×
• Total profit: $179,018
• Equity at exit: $12,044

10-year hold

• IRR: —
• Equity multiple: 78.85×
• Total profit: $392,379
• Equity at exit: $22,500

Cash invested: $5,040 (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 81620

• Home prices YoY: 1.9%
• Active inventory: 448
• Price-to-rent: 0.3×

Monthly cashflow live

• Estimated rent: $4,579 medium
• Mortgage (P&I): −$94
• Tax est. 1.5%: −$22 /mo · $270/yr
• Insurance: −$8
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$717
• Vacancy / Maint / Mgmt: −$962
• Net cashflow: $2,710

Break-even live

Break-even rent $1,149

Max offer price $18,000

Occupancy floor 36%

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: $4,500
• Closing costs: $540
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $717 · $8,604/yr

Listing history 5 events

1. 2026-06-19
   days on market $18,000 Active 4 DOM
2. 2026-06-18
   days on market $18,000 Active 3 DOM
3. 2026-06-17
   days on market $18,000 Active 2 DOM
4. 2026-06-16
   remarks 276-char remark
5. 2026-06-16
   listed $18,000 Active 1 DOM

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

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 1/10 Low 14 d/yr ≥72°F today · 37 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $54,951
• − Mortgage interest: −$1,008
• − Property taxes: −$270
• − Insurance: −$888
• − Repairs & maintenance: −$4,396
• − Management: −$4,396
• − HOA: −$8,604
• − Depreciation: −$524
• Taxable income: $34,865
• Est. tax owed @ 24.0%: −$8,368
• After-tax cash flow: $24,149/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: Eagle County School District No. RE-50
• NCES district ID: 0803540
• Math proficiency: 22% ▼ -8.00%
• Reading proficiency: 42% ▼ -4.00%
• Median HH income: $73,322
• Composite: 30.01/100
• National rank: #6360
• State rank: #39 of 86 in CO

Livability — Avon

• Score: 61/100
• State rank: #220
• US rank: #17858

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Eagle County · 42,178 people
• City population: 10,870
• Metro: Edwards, CO
• Population (ZIP): 10,870
• Household income: $102,775
• Rent vs Own: 46.9% rent · 53.1% own
• Severe rent burden: 744.0

Population outlook (Eagle County) Hauer SSP2

• Today (2025): 57,837 people
• By 2030: 59,258 · +2.5%
• By 2040: 60,698 · +4.9%
• By 2050: 60,206 · +4.1%
• By 2075: 54,326 · -6.1%
• By 2100: 47,000 · -18.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 62% Hispanic / Latino 23% Two or more races 23% Asian 3% Black 2%
• Hispanic origin (detail): Mexican 14%
• Common ancestry: Italian 3% Scotch-Irish 2% Slovak 2%
• Foreign-born: 14% · Canada, Dominican Republic
• Languages at home: 78% English-only · Spanish 15% Other Indo-European 4% Chinese 1%

Political lean MEDSL · Eagle

• 2024 margin: Strong D (+24.4) · D 61.0% · R 36.5% · Other 2.5%
• 2008→2024 swing: +1.3pp toward D · 2008: 23.1pp · 2024: 24.4pp
• All cycles: 2024: D+24.4 2020: D+29.8 2016: D+19.9 2012: D+14.7 2008: D+23.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 6.63%
• Current HPI: 363.7493
• Rent YoY: —
• Metro: Edwards, 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

1 event — show timeline

• 2026-06-15 Listed $18,000 VMLS