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 23, 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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New Construction:false
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Construction Materials:Log
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Architectural Style:Chalet
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Total SqFt:4,196 Sqft
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Building Area Total:4196
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Roof:Metal
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Levels:One
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Stories:1
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Window Features:Window Coverings
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Patio And Porch Features:Patio
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Accessibility Features:Level Lot
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Above Grade Finished Area:4196
Interior
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Interior Features:Eat-in Kitchen
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Fireplace:true
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Fireplace Features:Living Room
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Living Room Level:Main
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Kitchen Level:Main
Room Dimensions
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Living Area:4196
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Living Area Units:Square Feet
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Living Area Source:Assessor
Financial & Terms
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Listing Terms:Cash
Location
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Coordinates:-105.839645, 38.44482
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Latitude:38.44482
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Longitude:-105.839645
The Property
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Property Type:Residential
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Property Subtype:Residential-Detached
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Lot Features:Gutters
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Lot Size Acres:1
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Lot Size SqFt:43,560 Sqft
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Lot Size Area:43560
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Lot Size Units:Square Feet
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Zoning:Business-B
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View:Mountain(s)
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Exclusions:Tenant and Sellers Personal Property
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Horse:false
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Fencing:Partial
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Waterfront:false
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Road Surface Type:Paved
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Has Water Rights:No
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Well Information:Type: Commercial Usage: Commercial
Listing Agent
- Contact info:
- No listing contact info available
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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Bedroom Level:Main
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Bedroom 2 Level:Main
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Bedroom 3 Level:Main
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Bedroom 4 Level:Main
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Bedroom 5 Level:Main
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Master Bedroom Level:Main
Baths
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Total Baths:6
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Three Quarter Baths:5
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Full Baths:1
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Master Bath Features:3/4 Primary Bath
The Listing
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:Ceiling Fan(s)
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Cooling:true
Utilities
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Utilities:Electricity Available
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Electric:Electric
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Sewer:Septic
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Cotopaxi
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Middle School:Cotopaxi
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High School:Cotopaxi
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High School District:Cotopaxi RE-3
The Community
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Association:false
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Subdivision Name:Howard
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Spa:false
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Senior Community:false
Parking
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Garage Spaces:10
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Garage:true
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Garage Type:Off Street
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Attached Garage:false
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Covered Spaces:10
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.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/22/25
May 22, 2025
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Listed / Active | IRES | $650,000 |
