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One-Story Apartment Complex
For Sale
$975,000

6572 24 Road, Cortez, CO 81321

Eleven units feature individual kitchens, wood flooring, and practical layouts for residential occupancy.

Property Size4,800 SF
Lot Size2.27 Acres
Price / SF$203.13
Days on Market51

Property Features for 6572 24 Road

General Information

Standard status Active
Size 4,800 SF
Net Rentable 4,800 SF
Lot size 2.27 Acres
Property subtype Multi-Family

Additional Details

Multifamily Units 11

Building Details

Year Built 1980
Listing Agency: M4 Ranch Group, LLC
Listed By: Ryan Poppe
Source: Durangohomesforsale
Added: Jul 12 Changed: Aug 30 Last Checked: Aug 30 at 4:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of M4 Ranch Group, LLC

Investment Insights

Based on property information with market context.

This apartment property includes 11 one-story units across approximately 4,800 square feet of rentable space on 2.27 acres. Each unit has a kitchen equipped with a range/oven and refrigerator, along with wood flooring and a functional interior arrangement. The improvements include a unit built in 1980 and another completed in 2021.

The property is located at 6572 24 Road outside Cortez in Montezuma County, with broad mountain views surrounding the site. An adjacent 1.5-acre parcel of raw land is also identified for potential future development. The stated concepts include additional apartments, RV hookups, storage facilities, or a combination of these uses.

Key Highlights

  • 11‑unit apartment complex on 2.27 acres
  • Approximately 4,800 square feet of rentable space
  • Adjacent 1.5 acres of raw land

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Plumbing Service Auto Repair Shop Real Estate Agency Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 81321, CO

14,402
Population
6,332
Households
2.3
Avg Household Size
43
Median Age
28%
College-Educated
90%
High-School Grad
419.6 sq mi
ZIP Area
34
Density / Sq Mi
$59,737
Median Household Income
$35,274
Median Earnings
$1,010
Median Rent
$259,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eleven units feature individual kitchens, wood flooring, and practical layouts for residential occupancy.
Where is this apartment building located?
The property is located at 6572 24 Road Cortez, CO.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 11‑unit apartment complex on 2.27 acres; Approximately 4,800 square feet of rentable space; Adjacent 1.5 acres of raw land
More about this property
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