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!
Lot & Building Features
AppliancesWasher, Dryer, Refrigerator, Dishwasher
Style1 Story
HeatingElectronic Air Filter, Wood Stove, Forced Air
CoolingCeiling Fan(s)
SewerSeptic Tank
Tax Year2024
InteriorKitchen Island, Eat-in Kitchen
FireplaceLiving Room, One
LotAbuts Public Open Space, Deciduous Trees, Gutters, Level, Paved
Community and Schools
Junior High SchoolCotopaxi
Price History of 8284 US Highway 50, Howard, CO
Date
Name
Price
Difference
08/18/2025
Price Adjustment
$599,000
7.85%
Coming Soon
Listing Price
$650,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
8284 US Highway 50 (MLS #8929665) is a chalet single family home located in Howard, CO.
This single family home is 4,196 sqft and on a lot of 43,560 sqft (or 1.00 acres) with 8 bedrooms and 6 baths. This property was listed on 02/05/2026 and has been priced for sale at $599,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Pinon Real Estate Group LLC