NCE National Council of Exchangors
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National Council of Exchangors
CONTROL: Owner VALUE: $755,000
    LOAN: $0
    EQUITY: $755,000
TITLE: BUYER WITH LOTS AND LAND, CO AND NV
TYPE OF PROPERTY: Land
HAVE: 21 residential lots on platted street, sewer in place, in sub with a dozen new houses last year, plus 670 acres of rolling hills in Nevada NE of Reno. Can trade all or part.
WEBSITE ADDRESS:
PARCEL#:    
CITY, STATE: Cortez, CO COUNTY:
BENEFITS TO NEW OWNER: Lots are ready for street and then lot or home sales, Nevada land is a full section with 4 platted 40 acre parcels and decent road crossing property--off grid living. Pretty but just holds the earth together.
GROSS SCHEDULED INCOME: $0    Actual
VACANCY LOSS: $0
GROSS EFFECTIVE INCOME: $0
EXPENSES: $2,000
NOI: $-2,000
DEBT SERVICE: $0
CASH FLOW: $-2,000
CAP RATE: 0.00%
ENCUMBRANCES: BALANCE: PAYMENT: RATE: DUE: ASSUMABLE:
LOAN 1:      
LOAN 2:      
BENEFITS SOUGHT: I would like to use these, or notes against them, plus other land and other notes, and cash, to move up into income. Prefer Seller carry, would go up to $15MM. The closer to Colorado Springs the better.
CAN ADD: More land, New land notes, commercial note, Small residential income properties in Manitou and Colorado Springs, notes against properties in acquisition, cash.
REMARKS: I am a Buyer with these and other equities, looking for income. I will leverage and keep, go up/down. Not area bound, can't afford projects that don't make or come with money. Will put into your deal for paper or equity.
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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