Current Use by Public Records
- Multifamily properties
Property Details for 20180 Us Highway 50
- Year built
- 1923
- Lot size
- 8.15 lot acres
- Property type
- Multifamily properties
Description
This exceptional multi-family investment opportunity is located at 20180 US Hwy 50, Cotopaxi, CO. The property boasts a substantial 6,043 square feet situated on a generous 8.15-acre lot, providing ample space and parking. This well-maintained, recently remodeled seven-unit commercial building offers a mix of one and two-bedroom units, each featuring a private kitchen and bathroom. Four units consist of one bedroom, while the remaining three offer two bedrooms. The property enjoys a highly desirable corner location at the intersection of Highway 50 and County Road 1A, ensuring excellent visibility and accessibility. Tenants benefit from stunning views of the Arkansas River and the convenience of a nearby restaurant known for its acclaimed burgers. Currently, all seven units are occupied, generating immediate income potential. This presents a rare chance to acquire a stable, high-performing multi-family property in a thriving location. The asking price is $1,250,000. Serious inquiries only, please schedule showings through the listing office.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cotopaxi
- County
- Fremont
- State
- Colorado
- Longitude
- -105.689
- Latitude
- 38.3708
