Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 8-bedroom, 6-bathroom single family at 8284 US Highway 50 in Howard, CO is listed for $599,000 ($143 per sqft). Built in 1954, the home offers 4,196 sqft of living space on a 1.00 acres lot.
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!
Key Features
- Built in 1954
- 1.00 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,204/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8284 US Highway 50
Howard, CO 81233
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Parking
Heating
Appliances
Questions & Answers
This 8-bedroom, 6-bathroom single family at 8284 US Highway 50 is listed at $599,000 ($143/sqft). The estimated monthly payment is $2,596 based on 20% down at 6.5% interest.
Key features include: Built in 1954, 1.00 acre lot. Interior Features: Built-in Features, Ceiling Fan(s), Eat-in Kitchen. Exterior Features: Fire Pit, Garden, Lighting.
This property is listed by Susan Hughes and can be reached at 7195398886 or SDHughes@PinonRealEstate.com.
