Residential Income · Active
Durango, CO 81301
9 Baths · 9,350 Sq Ft
$3,495,000
Apartment
Property Type
0.52 acres
Lot Size
1948
Year Built
$374
Price per Sq Ft
837300
MLS #
About This Property
28 unit apartment complex. Original designation was hotel/motel. Converted use over time to longer term rentals. Assessed as RES LND MULTI 9 + - 1125. Current ownership purchased in 2022 and has done extensive remodeling, repairs, new roof, significant electrical upgrades/repairs. Priced at a 6 cap. Great Durango Commercial Investment. Your tenants will enjoy the great in town location convenient to downtown, shops, restaurants, Fort Lewis College, Horse Gulch mountain biking and miles of hiking
92 days on market
Listed by Garth Schultheis & Craig Weese · eXp Realty, LLC · 970-759-4930
Property Details
| Property Type | Residential Income |
| Sub Type | Apartment |
| Status | Active |
| Price per Sq Ft | $374 |
| Subdivision | Mountain View |
| MLS # | 837300 |
| Days on Market | 92 |
| Full Baths | 9 |
| Year Built | 1948 |
| Lot Size (Sq Ft) | 22,651 |
| Acres | 0.52 |
| Annual Taxes | $0 |
| Tax Year | 2026 |
| State | CO |
| County | La Plata |
| Garage | No |
| New Construction | No |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/14/2026 |
Price change Source: Colorado Real Estate Network (CREN) #837300 |
$3,495,000 -2.8% $374/sqft |
| 9/29/2026 |
Price change Source: Colorado Real Estate Network (CREN) #837300 |
$3,595,000 -5.3% $384/sqft |
| 9/2/2026 |
Price change Source: Colorado Real Estate Network (CREN) #837300 |
$3,795,000 -2.6% $406/sqft |
| 7/20/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #837300 |
$3,895,000 $417/sqft |
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