Metro Denver Luxury Homes For Sale

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!

Features
: Electric, Forced Air, Propane, Wood Stove
: Other
: Partial
: Mountain(s)
: Living Room, Wood Burning Stove
: Covered, Front Porch, Patio
: 15
: Dryer, Dishwasher, Refrigerator, Range Hood, Washer
: Rustic
: Gravel
: Metal
: Septic Tank
Address Map
CO
Fremont
Howard
81233
US Highway 50
8284
W106° 9' 37.3''
N38° 26' 41.4''
Additional Information
: Wood Siding
Cotopaxi
: Lighting, Private Yard, Rain Gutters, Fire Pit, Garden
1
: Wood, Concrete
Cotopaxi
: Kitchen Island, Eat-in Kitchen, Ceiling Fan(s), Built-in Features
Yes
Yes
1031 Exchange, Cash, Conventional
: Level, Landscaped, Open Space, Many Trees
Cotopaxi
Pinon Real Estate Group LLC
78002110
: None
: House
Howard
$2,500
2024
: Cable Available, Electricity Connected, Propane, Internet Access (Wired)
: Double Pane Windows, Window Coverings
Business-B
05/22/2025
4196
Active
Cotopaxi RE-3
Concrete Perimeter
Cotopaxi RE-3
In Unit
Cotopaxi RE-3
12/23/2025
12/18/2025
: One

Howard

8284 US Highway 50, Howard, CO 81233

8 Bedrooms
6 Total Baths
4,196 Square Feet
$599,000
Listing ID #8929665
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 8929665
Price : $599,000
Bedrooms : 8
Rooms : 25
Total Baths : 6
Full Bathrooms : 1
3/4 Bathrooms : 5
Square Footage : 4,196 Square Feet
Year Built : 1954
Lot Area : 1 Acres
Lot Acres : 1
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
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