Gunnison River Lot For Sale in Gunnison $1,600,000

River Lot For Sale

Sigrid Cottrell, C: , sigrid, : Golden opportunity to own a five-plex on the River in a superb location, within 5 minutes from the City of Gunnison yet governed by the County vs. the City. There are Five (5) 1 BR/ 1BA apartments. Currently 4 out of 5 are rented and 1 is being utilized for Sellers Storage Equipment. Each apartment has direct Gunnison River frontage right outside their back door. These are meticulously maintained by the owners and have been since they were built in 1963. There are numerous options to consider with this one of a kind property. You can leave everything as is and continue to lease each unit long-term (l/t) or you could opt to short-term (s/t) them. You could update and modernize each unit and rent them out l/t or s/t or a combination of both. You could gut it and turn it into a single family home on the river. You could pop the roof and build up increasing the square footage of the current footprint. All options will require the proper permits and must of course be approved by the county prior to building anything. Call to schedule a viewing today!