8284 Us Highway 50Howard, CO 81233Price: $650,000

  • Price: $650,000
  • Est. Mortgage of $/month
  • 48 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.67% last updated on Jul 3, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $650,000List Price
  • 8Bedrooms
  • 6Bathrooms
  • 1Acreage
  • 4,196Square Feet

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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!

Property Details of 8284 Us Highway 50

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Listed by Susan Hughes of Pinon Real Estate Group LLC

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