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C- Composite 51.87
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 +8.3/10.0
  • ARV discount +7.5/15.0
  • 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

$26,500

210 Offerson Rd Unit R-311 · Avon, CO 81620
3 bd · 3.0 ba · 1,791 sqft · Condo public records · 333 Days on market
Built 1990 $206/mo HOA · 5% of rent ↓ 55% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Great late summer fixed weeks at the St. James in Beaver Creek Village. This great 3-bedroom has vaulted ceilings with fantastic views. Walk to the shops, restaurants, ice skating rink and all Beaver Creek has to offer. Weeks 35 and 36 are being sold together.

Key facts

  • Walk to the mountain
  • Ice rink
  • Deeded ownership

Tags

DEEDED OWNERSHIPWALK TO THE MOUNTAINSHOPSRESTAURANTSICE RINKVILAR CENTER

Property features AI

Finance

  • HOA & community: Has association; Annual association fee of 2466; Association fees cover common area maintenance, insurance, management, snow removal, taxes, and trash; On-site management; Fitness center; Pool

Exterior

  • Home design: Multi-family property
  • Construction: Shake roof; Poured-in-place foundation
  • Exterior features: Multi-family zoning

Interior

  • Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator
  • Bedrooms: 3 bedrooms
  • Flooring: Tile flooring
  • Bathrooms: 3 full bathrooms; 1 three-quarter bathroom
  • Heating & cooling: Central air conditioning; Baseboard heating; Natural gas heating
  • Interior features: Furnished; Dishwasher; Disposal; Microwave; Range; Refrigerator
  • Laundry & utility: Washer and Dryer; Washer; Dryer

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/3.0-bath condo listed at $26k.

Deal economics

  • At list price, monthly cash flow is $3k ($37k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $26k).
  • Recommended offer: $23k (12.0% below list) — sets the bar for market timing.
  • Cap rate 146.3% 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 $4,405/mo this rent would consume 51% 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 $2k of equity ($183 loan paydown + $2k 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 $7k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 333 days — a 12% lower offer ($23k) is reasonable based on typical stale-listing flexibility.
  • 14 sale attempts since 27y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Recommended offer $23,320 (12.0% below list)

Questions for the listing agent

  1. It's been on market 333 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. 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?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  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
16.62%
Cap rate
146.26%
Cash-on-cash
499.88%
DSCR
23.24
GRM
0.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold
IRR
Equity multiple
28.72×
Total profit
$205,716
Equity at exit
$17,732
10-year hold
IRR
Equity multiple
61.80×
Total profit
$451,115
Equity at exit
$33,125

Cash invested: $7,420 (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.

ZIP-level market 81620

Home prices YoY
1.9%
Active inventory
448
Price-to-rent
0.5×

Monthly cashflow live

Estimated rent
$4,405 medium interval (Pro) →
Mortgage (P&I)
$139
Tax est. 1.5%
$33 /mo · $398/yr
Insurance
$11
HOA
$206
Vacancy / Maint / Mgmt
$925
Net cashflow
$3,091

Break-even live

Break-even rent $493
Max offer price $26,500
Occupancy floor 25%

Sensitivity live

Price -10% $3,109 -5% $3,100 +0% $3,091 +5% $3,082 +10% $3,073
Rent -10% $2,743 -5% $2,917 +0% $3,091 +5% $3,265 +10% $3,439
Rate -1.0pp $3,104 -0.5pp $3,098 base $3,091 +0.5pp $3,084 +1.0pp $3,077

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
$6,625
Closing costs
$795
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

HOA detail condo

Monthly dues
$206 · $2,472/yr
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 40 events

  1. 2026-06-19
    days on market $26,500 Active 333 DOM
  2. 2026-06-18
    days on market $26,500 Active 332 DOM
  3. 2026-06-17
    days on market $26,500 Active 331 DOM
  4. 2026-06-16
    days on market $26,500 Active 330 DOM
  5. 2026-06-15
    days on market $26,500 Active 329 DOM
  6. 2026-06-14
    days on market $26,500 Active 327 DOM
  7. 2026-06-12
    days on market $26,500 Active 326 DOM
  8. 2026-06-09
    days on market $26,500 Active 323 DOM
  9. 2026-06-08
    days on market $26,500 Active 322 DOM
  10. 2026-06-07
    days on market $26,500 Active 321 DOM
  11. 2026-06-05
    days on market $26,500 Active 318 DOM
  12. 2026-06-03
    days on market $26,500 Active 317 DOM
  13. 2026-06-02
    days on market $26,500 Active 316 DOM
  14. 2026-06-01
    days on market $26,500 Active 315 DOM
  15. 2026-05-31
    days on market $26,500 Active 314 DOM
  16. 2026-05-30
    days on market $26,500 Active 313 DOM
  17. 2025-07-21
    listed $26,500 Active
  18. 2019-09-24
    soldstatus $26,000 260-char remark
    Show marketing remark (260 chars)

    Great late summer fixed weeks at the St. James in Beaver Creek Village. This great 3-bedroom has vaulted ceilings with fantastic views. Walk to the shops, restaurants, ice skating rink and all Beaver Creek has to offer. Weeks 35 and 36 are being sold together.

  19. 2019-09-24
    soldstatus $26,000
    Show marketing remark (260 chars)

    Great late summer fixed weeks at the St. James in Beaver Creek Village. This great 3-bedroom has vaulted ceilings with fantastic views. Walk to the shops, restaurants, ice skating rink and all Beaver Creek has to offer. Weeks 35 and 36 are being sold together.

  20. 2019-08-01
    listed $26,000 260-char remark
    Show marketing remark (260 chars)

    Great late summer fixed weeks at the St. James in Beaver Creek Village. This great 3-bedroom has vaulted ceilings with fantastic views. Walk to the shops, restaurants, ice skating rink and all Beaver Creek has to offer. Weeks 35 and 36 are being sold together.

  21. 2018-08-15
    soldstatus $29,000
  22. 2017-08-03
    soldstatus $26,000 455-char remark
    Show marketing remark (455 chars)

    Own a piece of Beaver Creek forever with this deeded ownership. Recently remodeled, St. James Own a piece of Beaver Creek forever with this deeded ownership. Recently remodeled, St. James Place is in the heart of Beaver Creek Village and offers front desk, concierge, underground parking, indoor pool, hot tub, work out room and ideal location just steps to the ski slopes, shops, restaurants and Vilar Center. Week 29 dates for 2018 are July 22nd - 29th.

  23. 2017-08-03
    soldstatus $52,000
    Show marketing remark (455 chars)

    Own a piece of Beaver Creek forever with this deeded ownership. Recently remodeled, St. James Own a piece of Beaver Creek forever with this deeded ownership. Recently remodeled, St. James Place is in the heart of Beaver Creek Village and offers front desk, concierge, underground parking, indoor pool, hot tub, work out room and ideal location just steps to the ski slopes, shops, restaurants and Vilar Center. Week 29 dates for 2018 are July 22nd - 29th.

  24. 2017-04-28
    listed $16,500
  25. 2017-04-27
    listed $27,500 455-char remark
    Show marketing remark (455 chars)

    Own a piece of Beaver Creek forever with this deeded ownership. Recently remodeled, St. James Own a piece of Beaver Creek forever with this deeded ownership. Recently remodeled, St. James Place is in the heart of Beaver Creek Village and offers front desk, concierge, underground parking, indoor pool, hot tub, work out room and ideal location just steps to the ski slopes, shops, restaurants and Vilar Center. Week 29 dates for 2018 are July 22nd - 29th.

  26. 2017-04-27
    listed $27,500
    Show marketing remark (455 chars)

    Own a piece of Beaver Creek forever with this deeded ownership. Recently remodeled, St. James Own a piece of Beaver Creek forever with this deeded ownership. Recently remodeled, St. James Place is in the heart of Beaver Creek Village and offers front desk, concierge, underground parking, indoor pool, hot tub, work out room and ideal location just steps to the ski slopes, shops, restaurants and Vilar Center. Week 29 dates for 2018 are July 22nd - 29th.

  27. 2017-02-27
    soldstatus $65,000
  28. 2016-07-29
    soldstatus $62,000
  29. 2016-04-04
    listed $54,500
  30. 2014-09-08
    listed $65,000
  31. 2014-07-29
    listed $200,000
  32. 2014-06-24
    listed $14,950
  33. 2005-08-02
    soldstatus $120,000
  34. 2005-05-26
    listed $119,000
  35. 2003-08-01
    soldstatus $67,500
  36. 2003-05-15
    listed $15,500
  37. 2003-01-09
    listed $69,000
  38. 2000-03-03
    soldstatus $54,000
  39. 1999-11-01
    listed $59,000
  40. 1999-11-01
    listed $54,000

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 1/10 Low 14 d/yr ≥74°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

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$52,862
− Mortgage interest
−$1,484
− Property taxes
−$398
− Insurance
−$132
− Repairs & maintenance
−$4,229
− Management
−$4,229
− HOA
−$2,472
− Depreciation
−$771
Taxable income
$39,147
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$9,395
After-tax cash flow
$27,696/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

Price history

-55.1% since first listed
24 events — show timeline
  • 2025-07-21 Listed $26,500 VMLS
  • 2019-09-24 Sold (Public Records) $26,000 Public Records
  • 2019-09-24 Sold (MLS) $26,000 VMLS
  • 2019-08-01 Listed $26,000 VMLS
  • 2018-08-15 Sold (Public Records) $29,000 Public Records
  • 2017-08-03 Sold (Public Records) $52,000 Public Records
  • 2017-08-03 Sold (MLS) $26,000 VMLS
  • 2017-04-28 Listed $16,500 VMLS
  • 2017-04-27 Listed $27,500 VMLS
  • 2017-04-27 Listed $27,500 VMLS
  • 2017-02-27 Sold (Public Records) $65,000 Public Records
  • 2016-07-29 Sold (MLS) $62,000 VMLS
  • 2016-04-04 Listed $54,500 VMLS
  • 2014-09-08 Listed $65,000 VMLS
  • 2014-07-29 Listed $200,000 VMLS
  • 2014-06-24 Listed $14,950 VMLS
  • 2005-08-02 Sold (MLS) $120,000 VMLS
  • 2005-05-26 Listed $119,000 VMLS
  • 2003-08-01 Sold (MLS) $67,500 VMLS
  • 2003-05-15 Listed $15,500 VMLS
  • 2003-01-09 Listed $69,000 VMLS
  • 2000-03-03 Sold (MLS) $54,000 VMLS
  • 1999-11-01 Listed $54,000 VMLS
  • 1999-11-01 Listed $59,000 VMLS

Property tax history

+1.4%/yr

Latest (2025): $8,790 · -14.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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