62951 Lasalle Rd Montrose, CO 81401
This exceptional 10.43-acre Montrose, Colorado property presents a lucrative investment opportunity. The offering includes a primary residence with a long-term tenant, three tiny homes currently generating income as VRBO rentals, and space for up to fifteen RV parking spots. The property boasts four buildings totaling 2,194 square feet, with 1,200 square feet of net rentable space distributed across three units. Built in 1899, the property offers a blend of established infrastructure and high-growth potential. The large shop adds further versatility and income potential. The property is organized as an LLC and is being sold by the owner. The asking price is $1,490,000. Located at 62951 Lasalle Road, Montrose, CO 81401, this multifamily investment property offers a unique blend of residential and commercial income streams, making it an ideal acquisition for discerning investors seeking a strong return on investment. The property's substantial lot size provides ample room for expansion or further development. This turnkey operation is ready for immediate income generation and offers significant upside potential for future growth.
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Rocky Mountain Turf & Greens Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.