8284 Us Highway 50 Howard, CO 81233
Estimated payment $3,767/month
Highlights
- Mountain View
- Wood Flooring
- Private Yard
- Wood Burning Stove
- Bonus Room
- No HOA
About This Home
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!
Listing Agent
Pinon Real Estate Group LLC Brokerage Email: SDHughes@PinonRealEstate.com,719-539-8886 License #040028045 Listed on: 05/22/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,500
Year Built
- Built in 1954
Lot Details
- 1 Acre Lot
- Open Space
- Partially Fenced Property
- Landscaped
- Level Lot
- Many Trees
- Private Yard
- Garden
- Property is zoned Business-B
Home Design
- Metal Roof
- Log Siding
- Concrete Perimeter Foundation
Interior Spaces
- 4,196 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- Wood Burning Stove
- Double Pane Windows
- Window Treatments
- Living Room with Fireplace
- Bonus Room
- Mountain Views
Kitchen
- Eat-In Kitchen
- Range Hood
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Concrete
Bedrooms and Bathrooms
- 8 Main Level Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 15 Parking Spaces
- Gravel Driveway
- 5 RV Parking Spaces
Outdoor Features
- Covered patio or porch
- Fire Pit
- Exterior Lighting
- Rain Gutters
Schools
- Cotopaxi Elementary And Middle School
- Cotopaxi High School
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Propane
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Howard Subdivision
Listing and Financial Details
- Exclusions: Tenant and Sellers Personal Property
- Assessor Parcel Number 78002110
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,500 | $67,575 | $0 | $0 |
| 2023 | $2,500 | $50,330 | $0 | $0 |
| 2022 | $3,026 | $63,085 | $0 | $0 |
| 2021 | $3,008 | $63,421 | $0 | $0 |
| 2020 | $1,525 | $32,536 | $0 | $0 |
| 2019 | $1,520 | $32,536 | $0 | $0 |
| 2018 | $1,496 | $31,876 | $0 | $0 |
| 2017 | $1,271 | $31,876 | $0 | $0 |
| 2016 | $1,296 | $32,510 | $0 | $0 |
| 2015 | $1,290 | $32,510 | $0 | $0 |
| 2012 | $1,359 | $33,824 | $9,240 | $24,584 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | For Sale | $650,000 | -- | $155 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $215,000 | Chaffee Title & Escrow Inc | |
| Interfamily Deed Transfer | -- | Chaffee Title & Escrow Inc | |
| Warranty Deed | $185,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $310,000 | Commercial | |
| Previous Owner | $15,000 | Credit Line Revolving | |
| Previous Owner | $154,000 | Purchase Money Mortgage | |
| Previous Owner | $40,000 | Unknown |
Source: REcolorado®
MLS Number: 8929665
APN: 000078002110
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