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$1,195,000
29 Days On Site

20180 Us Highway 50
Cotopaxi, CO 81223

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
6,043
SqFt
$198
/SqFt
1923
Built
County:
Fremont
20180 Us Highway 5020180 Us Highway 5020180 Us Highway 5020180 Us Highway 50
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Monthly Payment (Est.)

$5,452
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Rare multifamily investment opportunity in a charming small-town setting with land, parking, and strong rental demand. This 7-unit apartment complex is consistently occupied, offering reliable income and long-term investment stability. All units have been updated with durable tile flooring and fresh interior paint, creating a low-maintenance and modern living environment. The property features a desirable unit mix including four 1-bedroom/1-bath units with kitchens, two 2-bedroom/1-bath units, and one spacious 3-bedroom/1-bath unit. Every unit includes private, in-unit laundry, a highly sought-after amenity that supports tenant retention. Recent improvements include new gravel parking located behind the building, providing convenient off-street parking for tenants. In addition to the building, the property includes 8.15 acres of rocky, mountainous landscape, offering privacy, natural beauty, and potential future use. The Arkansas River is just a stone’s throw across the highway, adding to the appeal of the location and surrounding scenery. With strong occupancy history, updated interiors, ample parking, and a unique land component, this property presents a turnkey opportunity for investors seeking steady income in a scenic Colorado setting.

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Listing Snapshot
Price 
$1,195,000
Days On Site 
29 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,043 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
8.15 Acres
Year Built 
1923
MLS® Number 
7848830
Status 
Active
Property Tax 
$2,716.16
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
8.15
SqFt Total 
6043
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Community Features
Financing Terms Available 
CashConventional

Neighborhood & Commute
Source: Walkscore
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