Real Estate

Created with Sketch.

5802 County Road 203 Durango CO Real Estate

Rare opportunity to purchase a solid investment property in the North Animas Valley. High visibility 2 acre location between Hwy 550 and County Road 203 just South of Trimble Lane. Apartment building on 1 acre with both Hwy 550 and CR 203 access and adjacent vacant acre to the South with access through the parking lot and via CR 203. Never a vacancy and always a waiting list. There are 9 studio units and 3 one bedroom units, as well as a separate laundry room with new washer & dryer. Construction of the two units (11 & 12) on the South end was completed in 2018 by the current owners. Most of the units have new cabinets, new appliances, and new flooring in the past three years. 11 Full baths