NCE National Council of Exchangors
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National Council of Exchangors
CONTROL: Exclusive VALUE: $95,000
    LOAN: $0
    EQUITY: $95,000
TITLE: RARE MANITOU SPRINGS INFILL SITE FOR SINGLE FAMILY HOME
TYPE OF PROPERTY: Land
HAVE: 7775 sq ft lot ready for a single family home. Rare to find an infill lot, especially without historic district restrictions in this high end Colorado community. Utilities in street. Back to high school football field. Views, views, views.
WEBSITE ADDRESS:
PARCEL#:    
CITY, STATE: Manitou Springs, CO COUNTY: El Paso
BENEFITS TO NEW OWNER: Free and clear lot. Will continue to appreciate but a house on it will rent or sell immediately. High demand area.
GROSS SCHEDULED INCOME: $0    Actual
VACANCY LOSS: $0
GROSS EFFECTIVE INCOME: $0
EXPENSES: $711
NOI: $-711
DEBT SERVICE: $0
CASH FLOW: $-711
CAP RATE: 0.00%
ENCUMBRANCES: BALANCE: PAYMENT: RATE: DUE: ASSUMABLE:
LOAN 1:      
LOAN 2:      
BENEFITS SOUGHT: Go to cash, or something of value.
CAN ADD: new client, best to leave this alone for now
REMARKS: Young entrepreneur no longer needs this prime lot. He says he wants to sell, but he is creative and will look at any offer. Not likely to add debt or cash, but give me a chance to ask again. Would likely carry with some down, might trade for paper.
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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