8284 Us Highway 50
Howard, CO 81233
- 8 beds
- 6 baths
- 4,196 sqft
- ~1 acre lot
- $154 per sqft
- 1954 build
- – on site
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!
Last checked:
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Last updated May 22, 2025
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MLS# 8929665 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1954
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Construction Materials:Log
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Building Area Total:4196
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Building Area Source:Public Records
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Structure Type:House
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Roof:Metal
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Foundation Details:Concrete Perimeter
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Levels:One
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Basement:false
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Architectural Style:Rustic
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Exterior Features:Fire Pit, Garden, Lighting, Private Yard, Rain Gutters
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Patio And Porch Features:Covered, Front Porch, Patio
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Window Features:Double Pane Windows, Window Coverings
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Above Grade Finished Area:4196
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Property Attached:false
Interior
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Interior Features:Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island
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Flooring:Concrete, Wood
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Fireplaces Total:1
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Fireplace Features:Living Room, Wood Burning Stove
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Laundry Features:In Unit
Room Dimensions
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Living Area:4196
Financial & Terms
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Ownership:Individual
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Possession:Negotiable
Location
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Latitude:38.44482057
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Longitude:-105.8396456
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Parcel Number:78002110
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Zoning:Business-B
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Lot Features:Landscaped, Level, Many Trees, Open Space
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Lot Size Area:1
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Lot Size Acres:1
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Lot Size SqFt:43,560 Sqft
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Lot Size Units:Acres
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Exclusions:Tenant and Sellers Personal Property
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View:Mountain(s)
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Fencing:Partial
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Road Responsibility:Public Maintained Road
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Road Frontage Type:Public
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (719) 539-8886
- Office phone:
- (719) 539-0200
Taxes
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Tax Year:2024
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Tax Annual Amount:$2,500
Beds
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Bedrooms Total:8
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Main Level Bedrooms:8
Baths
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Total Baths:6
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Full Baths:1
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Three Quarter Baths:5
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Main Level Baths:6
Heating & Cooling
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Heating:Electric, Forced Air, Propane, Wood Stove
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Cooling:Other
Utilities
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Utilities:Cable Available, Electricity Connected, Internet Access (Wired), Propane
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Sewer:Septic Tank
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Well Type:Commercial
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Water Included:Yes
Appliances
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Appliances:Dishwasher, Dryer, Range Hood, Refrigerator, Washer
Schools
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Elementary School:Cotopaxi
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Elementary School District:Cotopaxi RE-3
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Middle Or Junior School:Cotopaxi
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Middle Or Junior School District:Cotopaxi RE-3
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High School:Cotopaxi
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High School District:Cotopaxi RE-3
The Community
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Subdivision Name:Howard
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Association:false
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Senior Community:false
Parking
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Parking Total:15
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Parking Features:Gravel
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Attached Garage:false
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RV Spaces:5
Monthly cost estimate
Asking price
$650,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,480
|
| Taxes | $208 |
| Insurance | $178 |
| Utilities | $201 See report |
| Total | $4,067/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
