PRICE REDUCED!! RE/MAX Commercial Alliance is pleased to present this rare and unique income property ownership opportunity. Located in the quaint town of Laporte, Colorado and gateway to the Rocky Mountains. Nestled on approximately 3 acres at the base of the Rocky Mountain foothills featuring a spacious house with 7 bedrooms, open living room on upper level, balcony overlooking western mountains with gorgeous views great for relaxing, entertaining or watching the sunset. Rental units consisting of 1 One bedroom, 7 Studio units with kitchenettes, 6 studio units with microwave and mini fridge. All motel rooms have adjoining doors to easily create 1 or more bedroom apartments vs studio suites. Home of the prestigious long running Elkhorn Motel, while they could be considered overnight stays many tenants have made this their home for several years. The unique property offers a myriad of opportunities within the open zoning district. Do not hesitate to reach out for a private showing soon! Cap rate is pro forma.