62951 Lasalle RdMontrose, CO 81401

Property Details for 62951 Lasalle Rd

Year built

1899

Lot size

10.43 AC

Property size (Sq ft)

2,194 SF

Property type

Hospitality properties

Property subtype

Multifamily properties

Description

This exceptional 10.43-acre Montrose, Colorado property presents a lucrative investment opportunity. The offering includes a primary residence with a long-term tenant, three tiny homes currently generating income as VRBO rentals, and space for up to fifteen RV parking spots. The property boasts four buildings totaling 2,194 square feet, with 1,200 square feet of net rentable space distributed across three units. Built in 1899, the property offers a blend of established infrastructure and high-growth potential. The large shop adds further versatility and income potential. The property is organized as an LLC and is being sold by the owner. The asking price is $1,490,000. Located at 62951 Lasalle Road, Montrose, CO 81401, this multifamily investment property offers a unique blend of residential and commercial income streams, making it an ideal acquisition for discerning investors seeking a strong return on investment. The property's substantial lot size provides ample room for expansion or further development. This turnkey operation is ready for immediate income generation and offers significant upside potential for future growth.

Location Insight

City

Montrose

County

Montrose

State

Colorado

Latitude

38.5041

Longitude

-107.913

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