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.
Located in Big Horn Sheep Canyon between Cañon City and Salida, Colorado, this rustic yet chic space offers great potential for business and mountain living. This versatile property is the perfect balance of breathtaking Arkansas River views and privacy, while being positioned perfectly to welcome tourists traveling on Highway 50. Surrounded by thousands of acres of National Forest, Public Land and Bureau of Land Management land, enjoy your own tranquil piece of Southern Colorado. Turn your passion into a business while you reside comfortably in your dream home below. Enjoy the river, biking, hiking and camping right outside your door while introducing a spectacular experience for future customers. This property was completely remodeled and refreshed in 2023, including a new roof, new stucco, all new interior drywall, electrical, HVAC systems, flooring, paint, and so much more. This rare, move-in ready business opportunity along the Arkansas River is zoned as rural highway business with flexibility for future investors. Zoning allows for a wide variety of business opportunities to include food service, retail, rental/services, liquor sales, short term rentals along with potential for future expansion on the Arkansas River. The ideal location for your next business venture and river adventure!
Cotopaxi is located in Colorado. Cotopaxi, Colorado has a population of 46. Cotopaxi is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 25.17%.
The median household income in Cotopaxi, Colorado is $40,313. The median household income for the surrounding county is $53,411 compared to the national median of $69,021. The median age of people living in Cotopaxi is 69.5 years.
The average high temperature in July is 80.1 degrees, with an average low temperature in January of 7.2 degrees. The average rainfall is approximately 12.5 inches per year, with 64.9 inches of snow per year.
