2530 E Hwy 160, Pagosa Springs, CO 81147

Property Description

Accepting Offers until Tuesday March 24 by 5 PM MST. Offered for the first time ever, Day Apartments present a rare and compelling investment opportunity with deep local roots, having been owned by the Day family for over 80 years. Originally developed in 1965 to support local housing needs, this solidly constructed four-plex stands as a testament to quality and longevity. Each of the four nearly identical 800 square foot units offers a spacious living area, an eat-in kitchen complete with pantry, two comfortable bedrooms, and one full bathroom. Tenants will enjoy private rear balcony or patio access with peaceful views overlooking the San Juan River, creating an inviting and desirable living environment. A shared basement laundry area adds convenience and functionality for all units. Also included on the 1-acre parcel is a charming 636 square foot cabin featuring one bedroom and one bathroom—ideal for additional rental income, guest accommodations, or owner occupancy. With all units currently vacant, this property is primed for its next owner to establish market rents, pursue long-term or short-term rental strategies, or reimagine the space entirely. With its unique setting, strong rental potential, and legacy ownership, Day Apartments offer endless possibilities for investors and visionaries alike. Conveniently located just 5 minutes from downtown Pagosa Springs—home to renowned hot springs, dining, and shopping—and only 25 minutes from Wolf Creek Ski Area, this property combines heritage, and accessibility in one extraordinary package.