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About This Home

This 0-bedroom, 0-bathroom residential multi family at 20180 Us Highway 50 in Cotopaxi, CO is listed for $1,195,000. Built in 1923, on a 8.15 acres lot.

Agent Description

Rare multifamily investment opportunity in a charming small-town setting with land, parking, and strong rental demand. This 7-unit apartment complex is consistently occupied, offering reliable income and long-term investment stability. All units have been updated with durable tile flooring and fresh interior paint, creating a low-maintenance and modern living environment.

The property features a desirable unit mix including four 1-bedroom/1-bath units with kitchens, two 2-bedroom/1-bath units, and one spacious 3-bedroom/1-bath unit. Every unit includes private, in-unit laundry, a highly sought-after amenity that supports tenant retention.

Recent improvements include new gravel parking located behind the building, providing convenient off-street parking for tenants. In addition to the building, the property includes 8.15 acres of rocky, mountainous landscape, offering privacy, natural beauty, and potential future use.

The Arkansas River is just a stone's throw across the highway, adding to the appeal of the location and surrounding scenery. With strong occupancy history, updated interiors, ample parking, and a unique land component, this property presents a turnkey opportunity for investors seeking steady income in a scenic Colorado setting.

Key Features

  • Built in 1923
  • 8.15 acre lot

Property Details

1923

Monthly Cost Estimate

$6,391/mo

20% down · 6.5% · 30 years

Principal$864
Interest$5,178
Insurance$349

Estimates only. Actual payments may vary.

Location

20180 Us Highway 50

Cotopaxi, CO 81223

Property Details

Heating

Electric (Heating)Hot Water(Heating)

Cooling

Ceiling Fan(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 20180 Us Highway 50 is listed at $1,195,000. The estimated monthly payment is $5,178 based on 20% down at 6.5% interest.

Key features include: Built in 1923, 8.15 acre lot.

This property is listed by Lynette Ovnicek and can be reached at 7194292782 or lovnicek@gmail.com.

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LO

Lynette Ovnicek

Agent at Homesmart Preferred Realty

(719) 429-2782

Listed by Homesmart Preferred Realty

MLS# 6855285· Source: listhub· Updated today

Copyright © 2026 Royal Gorge Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

20180 Us Highway 50, Cotopaxi, CO 81223

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