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8284 US Highway 50, Howard, CO 81233

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For Sale

$650,000

8 beds6 baths4,196 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Single Family Detached
    Property type

  • $154.91
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Rare investment opportunity with excellent income potential! Formerly a motel, this unique property has been thoughtfully converted into a thriving apartment complex. It features a single-family log home (1,388 sq ft) plus five rental apartments totaling 2,808 sq ft. The main home is move-in ready, offering two comfortable bedrooms, a spacious third bedroom with access to the back patio, and a bright bonus room currently used as a workout space. The five rental apartments include three 1-bed/1-bath apartments (approximately 24' x 24'), all currently rented, and two additional studio apartment. Each rental features restored oak flooring, access to shared laundry facilities, and inviting outdoor sitting areas. Centrally located, the property is just a short walk to the Arkansas River renowned for Gold Medal fishing and only minutes from skiing, rafting, hiking, and more well-positioned for strong rental demand. Whether you're looking to live on-site and offset expenses or expand your investment portfolio, this is a true diamond in the rough!
MLS# 8929665

Courtesy Of Pinon Real Estate Group

(719) 539-0200

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan, Garden
  • Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
  • Architecture Style
    Contemporary
  • Exterior Type
    Log
  • Floor Covering
    Concrete, Wood
  • Heating System
    Forced Air
  • Lot Size
    1 Acres
  • Roof Type
    Metal
  • View Type
    Mountain

Map and Directions

Directions to 8284 US Highway 50, Howard, CO 81233
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CENTURY 21 Community First

(719) 539-6682
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