700 Highway 50, Gunnison City, CO, 81230
MLS #826902
|
$1,350,000
2 Bathrooms
2,395 Square Feet
1.83 Acres
About 700 Highway 50
Investment opportunity located in the City of Gunnison! Commercial + residential. Cottonwood Parque consists of two mirrored apartments, a studio and lot rent from 14 trailers on site. 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. The property has 14 mobile home trailers, each individually owned. Lot rent is currently $400 per trailer and includes City of Gunnison Water & Sewer. Each Trailer pays individually for trash service (Golden Eagle), Atmos energy and electric. Units A & B have new water (2025). Current owner uses a well for summer irrigation on site. Seller will consider owner financing.
Listed by Coldwell Banker Mountain Properties
Kiley Flint
LIV Sotheby’s International Realty
401 Elk Avenue
Crested Butte, CO 81224
Interior Features
- Bathrooms: 2
- Size: 2395 Square Feet
Exterior Features
- Size: 1.83 Acres
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Data last updated on: 2025-10-24 20:42:15