700 Highway 50, Gunnison City, CO, 81230
MLS #826903
|
$1,350,000
5 Bedrooms
2 Bathrooms
2,395 Square Feet
1.83 Acres
3-Car Garage
About 700 Highway 50
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
Listed by Coldwell Banker Mountain Properties
Kiley Flint
LIV Sotheby’s International Realty
401 Elk Avenue
Crested Butte, CO 81224
Interior Features
- Bedrooms: 5
- Bathrooms: 2
- Size: 2395 Square Feet
- Flooring: Tile, Carpet-Partial, Laminate, Other
- Heating: Electric, Natural Gas
- Interior Inclusions: Other
- Zoning: 2942,309
Exterior Features
- Size: 1.83 Acres
- Exterior Inclusions: Deck, Irrigation Water
- Garage: Attached Garage
- Roof: Architectural Shingles
Schools
- Elementary School: Gunnison 1-5
- Middle School: Gunnison 6-8
- High School: Gunnison 9-12
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Real Estate listings held by companies other than Crested Butte Collection contain that Company's name.
Data last updated on: 2025-10-24 20:40:55