NCE National Council of Exchangors
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National Council of Exchangors
CONTROL: Owner VALUE: $85,000
    LOAN: $0
    EQUITY: $85,000
TITLE: MANITOU SPRINGS BUILDING SITE
TYPE OF PROPERTY: Land
HAVE: 3 contiguous lots making one 7676 sq ft building site in historic town at the foot of Pike's Peak. Highest house prices per sq ft in the region.
WEBSITE ADDRESS:
PARCEL#:    
CITY, STATE: Manitou Springs, CO COUNTY: El Paso
BENEFITS TO NEW OWNER: Infill building site in very desirable residential area. Free and clear, ready to go, on paved City street with utilities.
GROSS SCHEDULED INCOME: $0    Actual
VACANCY LOSS: $0
GROSS EFFECTIVE INCOME: $0
EXPENSES: $181
NOI: $-181
DEBT SERVICE: $0
CASH FLOW: $-181
CAP RATE: 0.00%
ENCUMBRANCES: BALANCE: PAYMENT: RATE: DUE: ASSUMABLE:
LOAN 1:      
LOAN 2:      
BENEFITS SOUGHT: Activate this equity. Will move up, carry, or JV with builder with a good plan.
CAN ADD: 670 acres, 21 lots, notes, bar, other packages
REMARKS: Broker is a Buyer, not a builder. I can be pretty creative.
COUNSELOR: Blake Allen, EMS
Allen Realty
108 Canon ave
Manitou Springs, CO 80829
Phone: (719) 685-0707
Cell: (719) 684-4123
Fax: (719) 685-0400
blakeallenrealty@gmail.com
 
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