The New Aspens Condos

The current Aspens Apartments in Truckee are in the process of being turned into condos! There are some fabulous deals available on these adorable condo units. This is a great opportunity for first time home buyers or investors looking for rental potentials!

32 units are available for purchase and come in 1 or 2 bedroom floor plans. The 1 bedroom/1 bathroom condos vary in size from 697 sq. ft. to 746 sq. ft. and start at around $239,000. The 2 bedroom/2 bathroom condos are around 1,008 sq. ft. to 1,074 sq. ft. and start at $339,000. All units have a patio or a deck and 24 garages are available for property owners.

This complex was built in 1997 originally to be sold as condos but rented as apartments instead. Although the units are only 11 years old, there will be the option for upgrades in these condos. All pricing includes the upgrades, but if buyers prefer not to have the upgrades, they can get a credit towards the purchase price. Available upgrades include new flooring, thick carpet pads (to diminish sound for units below), accent painting, new fixtures, and stainless steel appliances.

One of the great things about these Aspens Condos is their efficiency towards being “green” buildings. The condos have 12″ thick walls (double code) with cement which makes heat very hard to escape. The units have radient heating with tankless water heaters and utilities for home owners are expected to be very low.

These condos are very centrally located and are in walking distance to 2 schools and a local park. They are located right off of Donner Pass Road on Donner Trail. The complex is only made up of 2 buildings - one with 12 units and the other with 20 units. Not many people know about this exciting new opportunity and the condo units may go quickly once they hit the market!
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