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Investment property near Castle Rock Lake with immense potential! Duplex with two units, single wide mobile home and also 11 unit motel/apartment building. Established income-generating property great for a 1031 Exchange! 11 updated motel units - 6 currently operated as short term rentals, 5 as monthly rentals. Many units have recent upgrades including new flooring, updated electrical in most units and a zoned boiler heating system for efficient heating. Units 1-6 have connecting doors for versatility, coin operated laundry available. Duplex has attached 2 car garage and tons of additional parking for tenants. Seller will be replacing doors and windows on units 1-6 of motel. Great investment property with lots of potential - call to schedule a time to see it in person today!
| LAST UPDATED | 9/5/2025 | YEAR BUILT | 1962 |
|---|---|---|---|
| GARAGE SPACES | 2.0 | COUNTY | Adams |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Adams-Friendship |
|---|---|
| Elementary School | Call School District |
| Jr. High School | Adams-Friendship |
| High School | Adams-Friendship |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dryer |
|---|---|
| BASEMENT | Finished, Full, Walk-Out Access, Yes |
| CONSTRUCTION | Vinyl Siding |
| GARAGE | Yes |
| LOT | 1.23 acre(s) |
| MLS STATUS | Active |
| TAXES | 4601 |
| WATER | Well, Private |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with Castle Rock Realty LLC
Information is supplied by seller and other third parties and has not been verified.
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