928 Ocean Wave Drive, Lake City, CO 81235
928 Ocean Wave Drive, Lake City, CO 81235
928 Ocean Wave Drive, Lake City, CO 81235
928 Ocean Wave Drive, Lake City, CO 81235
928 Ocean Wave Drive, Lake City, CO 81235
928 Ocean Wave Drive, Lake City, CO 81235
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$550,000

$550,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

8 Baths

3,750 SqFt


SOLD DATE : 06/16/2026

Key Details

Sold Price $550,000

Property Type Multi-Family

Sub Type Apartment Bldg.

Listing Status Sold

Purchase Type For Sale

Square Footage 3,750 sqft

Price per Sqft $146

MLS Listing ID 812223

Sold Date 06/16/26

Style Other

Half Baths 1

Three Quarter Bath 7

Year Built 1983

Annual Tax Amount $2,011

Tax Year 2026

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Apartment Bldg.

Property Description

Nestled in the picturesque town of Lake City, Colorado, this apartment building offers a captivating blend of charm and convenience. Boasting 5 studio apartments, and 3 1-bedroom apartments, it presents a unique investment opportunity. Situated on a spacious .50-acre lot, there's ample room for expansion or additional development. Conveniently located with easy access from State Highway 149, the property resides in the General Business zoning district, just across from the scenic Lake Fork of the Gunnison River. Essential amenities including a grocery store, bakery, and gas station are within close proximity, while the historic downtown area of Lake City is just a short distance away. Presently, all apartments are leased on a flexible month-to-month basis, contributing to the property's stellar rental history characterized by long-term tenants. Priced competitively and primed for acquisition, seize the opportunity to explore this promising investment. Contact us today to schedule a viewing.

Location

State CO

County Hinsdale

Zoning Other

Rooms

Basement Slab

Interior

Flooring Carpet, Laminate, Linoleum, Tile

Furnishings Unfurnished

Exterior

View Mountains

Roof Type Metal

Building

Story Two Story

Foundation Slab

Sewer City Sewer, City Water

Water City Sewer, City Water

New Construction No

Schools

Elementary Schools Lake City K-12

Middle Schools Lake City K-12

High Schools Lake City K-12

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Colorado Real Estate Network (CREN) + Sold
Listed by Murphy Real Estate

Nearby Locations

Kelsey Loftis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 784-6768

kelseyloftis@gmail.com

PO Box 7053 Gunnison, CO 81230

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