Multifamily Investment - Redevelopment Opportunity

1 A/B Alpine Drive | 1 C/D Alpine Drive | 170 A/B Wichita Ave 

Rare investment and redevelopment opportunity in the heart of Frisco, offering a unique combination of established rental income and significant land value. The offering includes 2 parcels on a half-acre, 3 buildings, and 6 residential units, with a mix of 1-bedroom to 3-bedroom residences. Larger layouts include one-car garages, while smaller layouts offer gear storage closets.
 

Currently operating as an established rental property, the portfolio offers an incoming owner immediate income with the flexibility to continue the existing leases, reposition the rental operation, or pursue a future redevelopment strategy. Zoned for multifamily and residential high-density use, this multi-parcel assemblage presents an exceptional opportunity to acquire a substantial land holding in Frisco with multiple potential investment strategies and significant future development upside. Buyer to verify zoning, allowable density, development potential, and all applicable requirements with the Town of Frisco.

Royal Alpine Subdivision

Frisco, CO 80443

Offered at $4,259,000

Highlights

2 Parcels
3 Buildings
6 Residences
1-3 Bedroom Layouts
5312 SF Combined
1/2 Acre
Some with 1-Car Garages
Some with Gear Closets
Walk to Main St
Views of Mount Royal

Virtual Tour

1A Apline Dr
1B Alpine Dr
1C Alpine Dr
1D Alpine Dr
170A Wichita Ave
170B Wichita Ave

Location

Royal Alpine Subdivision
Frisco, CO 80443
Property For Sale

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Amy Carlson

Photo of Amy Carlson

Frisco

Frisco embodies the ideal of a classic Colorado mountain community, offering a residential experience that balances small-town charm with exceptional recreational accessibility. Nestled along the shores of Lake Dillon and surrounded by Summit County's dramatic peaks, the town provides a genuine mountain living environment beyond typical resort destinations.
The town's historic Main Street and preserved architectural character create a distinctive residential backdrop, with housing options ranging from restored historic homes to contemporary mountain properties. Neighborhoods offer diverse living experiences, from walkable downtown locations to secluded mountain-facing properties with expansive views.


Frisco's strategic location serves as a hub for mountain recreation, providing quick access to nearby ski resorts while maintaining its own unique community identity. For homeowners seeking an authentic mountain town experience with comprehensive recreational opportunities, Frisco represents a compelling residential destination that celebrates the genuine spirit of Colorado mountain living.