About 8284 Us Highway 50
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!
Features of 8284 Us Highway 50
| MLS® # | 8929665 |
|---|---|
| Price | $599,000 |
| Bedrooms | 8 |
| Bathrooms | 6.00 |
| Full Baths | 1 |
| Square Footage | 4,196 |
| Acres | 1.00 |
| Year Built | 1954 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Rustic |
| Status | Active |
Community Information
| Address | 8284 Us Highway 50 |
|---|---|
| Subdivision | Howard |
| City | Howard |
| County | Fremont |
| State | CO |
| Zip Code | 81233 |
Amenities
| Utilities | Cable Available, Electricity Connected, Internet Access (Wired), Propane |
|---|---|
| Parking Spaces | 15 |
| Parking | Gravel |
| View | Mountain(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island |
|---|---|
| Appliances | Dishwasher, Dryer, Range Hood, Refrigerator, Washer |
| Heating | Electric, Forced Air, Propane, Wood Stove |
| Cooling | Other |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Living Room, Wood Burning Stove |
| Stories | One |
Exterior
| Exterior Features | Fire Pit, Garden, Lighting, Private Yard, Rain Gutters |
|---|---|
| Lot Description | Landscaped, Level, Many Trees, Open Space |
| Windows | Double Pane Windows, Window Coverings |
| Roof | Metal |
| Foundation | Concrete Perimeter |
| Fencing | Partial |
School Information
| District | Cotopaxi RE-3 |
|---|---|
| Elementary | Cotopaxi |
| Middle | Cotopaxi |
| High | Cotopaxi |
Additional Information
| Date Listed | May 22nd, 2025 |
|---|---|
| Zoning | Business-B |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Pinon Real Estate Group LLC |
|---|---|
| Contact |