$599,000

8284 US Highway 50, Howard, CO 81233

  • 8 beds |
  • 6 baths |
  • 4,196 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon1acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $143/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

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!

Listing Status:
Active
Data Last Updated:
May 26, 2026 at 12:20AM
Listing Office:
Pinon Real Estate Group LLC : 719-539-0200
Listing Agent:
Susan Hughes : 719-539-8886
MLS ID:
8929665
  • General: Built-in FeaturesCeiling Fan(s)Eat-in KitchenKitchen Island
  • Appliances: DishwasherDryerRange HoodRefrigeratorWasher
  • Laundry: In Unit
  • Flooring: ConcreteWood
  • A/C: Other
  • Heating: ElectricForced AirPropaneWood Stove
  • Fireplace: Living RoomWood Burning StoveFireplaces: 1
  • General: Fire PitGardenLightingPrivate YardRain Gutters
  • Style: Rustic
  • Other Structures: Front PorchPatioCovered
  • Parking: GravelParking spaces: 15
  • Roofing: Metal
  • Windows: Double Pane WindowsWindow Coverings
  • General: OneConcrete Perimeter
  • Road/Access: Public
  • Originating MLS: recolorado
  • School District: Cotopaxi RE-3
  • County: Fremont
  • Zoning: Business-BSUBD: M & B OR UNKNOWN A TR OF LD IN THE E2NE4 OF SEC 3-48-10 TR-109 DESC AS FOLL: COMM AT A PT ON THE CTR LN OF U S HWY 50 WH THE SW COR OF SEC 35-49-10 BEARS N 42 DEG 52'56"W A DIST OF 1788.6 FT; TH W A DIST OF TH W A 50.7 FT TO THE WLY BNDRY LN OF THE R/W OF SD US HWY 50; TH S 09 DEG 30' 00"E ALG THE SD R/W BNDRY LN A DIST OF 304.5 FT TO TRUE POB; TH S 09 DEG 30' 00"E ALG THE R/W BNDRY LN A DIST OF 129.5 FT; TH W A DIST 351.5 FT; TH N A DIST OF 127.8 FT; TH E 330.1 FT M/L TO POB78002110
  • View: Mountain(s)
  • Fencing: Partial
  • Utilities: Cable AvailableElectricity ConnectedInternet Access (Wired)Propane
  • Sewer: Septic Tank
  • Source: recolorado
  • Ownership: Individual
  • Exclusions: Tenant and Sellers Personal Property

This listing courtesy of Susan Hughes , Pinon Real Estate Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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