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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. Great investment property with lots of potential - call to schedule a time to see it in person today!
Property Type(s):
Multi Family
Last Updated | 9/5/2025 | Year Built | 1962 |
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Garage Spaces | 2.0 | County | Adams |
SCHOOLS
School District | Adams-Friendship |
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Elementary School | Call School District |
Jr. High School | Adams-Friendship |
High School | Adams-Friendship |
Additional Details
APPLIANCES | Dryer |
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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 |
Listed with Castle Rock Realty LLC
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