Commercial Sale · Active

4332 W County Road 54G

Laporte, CO 80535

$2,750,000

Multi Family

Property Type

2.97 acres

Lot Size

1968

Year Built

3643565

MLS #

About This Property

Truly one of a kind. An operating motel, a spacious 7 bedroom residence and a new chapter waiting to be written. Set on a multi-acre parcel in Laporte, about 10 minutes to Old Town Fort Collins, Elkhorn Motel offers an opportunity for a hospitality operator, renovation-minded investor or buyer seeking a residence alongside a lodging business. The 14 motel units include studios and one-bedroom layouts, with kitchenettes in all but one unit.

Explore a boutique motel concept or evaluate other rental models. The layouts provide a starting point for creating a distinctive guest experience near Northern Colorado's outdoor recreation. The attached 7-bedroom, 4-bath residence offers space for an owner's home or a potential residential rental component. Plumbing exists behind an upstairs wall for a future second kitchen, and the upstairs was a 1990s addition intended to create a lock-off multi-unit property.

That original intent offers a concept to explore, subject to approval of any conversion. In 2006, the motel received critical infrastructure updates, including electrical, plumbing and roof structure. Nearby Horsetooth Reservoir and access to Fort Collins add to the hospitality appeal. The planned Glade Reservoir site is reportedly about 4 to 5 minutes away, offering potential proximity to future recreation if the project is completed.

Buyers can investigate the property's potential to become one of the only lodging operations in the area. For qualified buyers, a short-term lodging operation may offer depreciation and potential tax-offset opportunities, depending on participation, operating structure and individual circumstances. Explore any strategy with your tax advisor. Bring your contractor, operating plan and vision.

Changes in use, additional dwelling units, expansion or events may require review and approval. Buyer to verify permitted uses, rental requirements, condition, all information material to the purchase. $300K of price is for remodel costs.

15 days on market

Listed by Cody Walker · eXp Realty, LLC · cody@sourceofhome.com,970-528-0604

Last updated: 10/15/2026 1:19 AM · Source: REcolorado®, MLS#: 3643565

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Property Details

Key Details

Property Type Commercial Sale
Sub Type Multi Family
Status Active
MLS # 3643565
Days on Market 15

More Details

Year Built 1968
Lot Size (Sq Ft) 129,373
Acres 2.97
Annual Taxes $9,055
State CO
County Larimer
Zoning O

Exterior & Parking

Parking Features Driveway
Roof Composition

Building & Lot

Construction Block, Brick, Frame
Sewer Septic Tank
Water Source Public

Location

Price History

DateEventPrice
10/15/2026 Listed for sale
Source: REcolorado® #3643565
$2,750,000

Based on information submitted to the MLS GRID as of October 24, 2026 at 10:10 PM MDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information last updated October 15, 2026 at 1:19 AM.

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