2023 W-2s, 1099’s, or 2023 Year-end Profit and Loss (if self-employed) ARE REQUIRED AS OF FEBRUARY 1, 2024 WITH ALL BIDS.
Burlingame Ranch III Condominiums
- Unit Address: Lottery 38 (4 units)
- Sales Price: $410,000
- Income Limit: Category 4
- Size: 3BR / 1.75-2.5BA
- Pets: Indoor cats allowed.
- Square Feet: Approx 1279-1367
Only Category 4 households can bid in this lottery. | - NO OPEN HOUSE
- NO In-complex Bids for Burlingame Ranch III
- Bid Period Ends: 4 PM Wednesday, 2/21/2024 or 2/14/2024 if new packet is required
- Lottery: 12 PM Monday, 2/26/2024
- New bidders/households with expired packets, must bring in their completed/updated packet by 4 PM on Wednesday 2/14/2024, must also complete a homebuyer education course and submit the certificate (unless already provided to APCHA).
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Open kitchen/dining/living plan. Washer/dryer, energy efficient kitchen appliances, deck/patio, beautiful views. New modern all-electric residences served by City of Aspen Utilities 100% renewable energy portfolio. One assigned carport with storage space. Wonderful community with park and trails nearby. HOA Dues and Capital Reserves $575.55-$615.15/month; Master HOA is $56/month. Dues cover trash, sewer, snow removal, common area maintenance. At closing, Buyer will pay a working capital contribution = to 1 month’s dues and a capital reserves contribution = to 2 months’ dues. Homeowners also pay City Electric and Water. Property taxes TBD.
Only qualified Category 4 households may bid in this lottery. Top priority will go to households with at least one person working full-time in the City of Aspen Urban Growth Boundary. If this is an applicant’s first-time bidding on a BGIII unit, the bid must be accompanied by an employment verification and current paystub for every current employer. Self-employed applicants will need to provide a list of all current clients, addresses, and invoices that prove full-time employment. If applicants bid previously on BGIII, they will not be required to provide additional documentation except 2023 W2/1099/P&L information.
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