350 E 8th Ave, Durango, CO 81301

$3,895,000
9
BA
9,350
SqFt
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Listing courtesy of eXp Realty, LLC.

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List Price
$3,895,000
MLS#
837300
Full-baths
9
Sq. Ft
9,350
Acres
0.52
Year Built
1948
Region
Durango In Town
Subdivision
Mountain View
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Property Description

27 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

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