River Home Active Under Contract near Arkansas River
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!Property Details
- Beds: 8
- Baths: 6.0
- Sq Feet: 4196
- Year Built: 1954
- Location: Arkansas River
- Acres: 1.000
- ViewTypes: Mountain
- County: Fremont County
- Community: Howard
- Heat/AC: Electric (Heating), Forced Air, Propane (Heating), Wood (Heating), Wood Stove
- Garage: Carport, Garage
- Siding: Wood Siding
- Roof: Metal
- Stories: 1
- MLS #: 8929665
Location
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Contact Information:
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Listing Agent: Susan Hughes, Pinon Real Estate Group, 719-539-8886, 719-539-0200 Listing Site, Listing Status: Active Under Contract
Copyright © 2025 ROCC/REcolorado. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 6913443 |
| Viewed: | 5 times |
| Added: | Dec 02, 2025 |
| Updated on: | Dec 02, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
