Active
  • $1,350,000

    700 Highway 50, Gunnison, CO 81230

    5beds
    2,395sqft
    : 
    Stick Built
    Built in 1988
    1.83 Acres Lot
    $1,291,300 Zestimate®
    $564/sqft
    $-- HOA

    What's special

    Mirrored second level apartmentsOne car garageNew water heater
    Investment opportunity located in the City of Gunnison! Commercial+ residential with potential to fine tune an already successful investment property! Cottonwood Parque consists of two mirrored second level apartments, a studio/office on ground level and lot rent from 14 trailers on site. Lot rent per trailer is $400. Each Trailer is individually owned. CAP Rate is over 7.6% as of list date and will increase 1/2026. Please inquire for more information. The second floor living apartment units are 2 Bed/2bath & each include a one car garage. Units A & B provide consistent rental income at $4100 per month (Unit A $2,000, Unit B $2,100). The ground level has an office/studio 1 bed/1 bath with laundry, providing an additional $700 monthly. Units A & B have a new water heater (2025). Seller will consider owner financing. Property is also listed as commercial: MLS 826902
    116 days
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