Investment Opportunity:
Rare opportunity to acquire a 6-unit multifamily property with a versatile mix of long-term and short-term rental income. Each unit features 2 BR / 1 BA and comes fully furnished with updated appliances. Four of the units are being rented long-term at $1,200-$1,400/month, and two of the units are available as short-term vacation rentals. This structure provides flexibility to a new owner and limited management responsibilities. More units could be built on the large lot as well for additional upside. This is an ideal opportunity for investors seeking stable cash flow or 1031 exchange.
Location Overview
The Hidden Gem of Southeastern Colorado
Situated between the shadows of the Spanish Peaks and Fisher’s Peak (the state’s newest and 2nd largest state park), Trinidad is the cultural, social, and economic capital of SE Colorado. With pristine outdoor views spanning mountains and plains, red brick-paved streets, preserved historical architecture, and a pace of life that is serene and slow, Trinidad offers something for everyone. Centrally located along the main route between Denver and Santa Fe.