TITLE:
HISTORIC SHRINER MULEHAVEN PROPERTY IN COLORADO SPRINGS
CONTROL:
Exclusive
VALUE:
$8,000,000
LOAN:
$0
EQUITY:
$8,000,000
TYPE:
Land
HAVE:
Historic Al Kaly Muletrain property in Colorado Springs. 26.9 Acres with a large barn, reception hall and various other amenities for its current use. Domestic and irrigation well. First time ever offered in generations, favorable zoning and location.
WEBSITE URL:
ADDRESS:
3415 Janitell Rd, Colorado Springs, Colorado
BENEFITS TO NEW OWNER:
Redevelopment, water rights, Ag zoning, adjacent to municipality.
GROSS SCHEDULED INCOME:
$23,016 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$23,016
EXPENSES:
$0
NOI:
$23,016
DEBT SERVICE:
$0
CASH FLOW:
$23,016
CAP RATE:
0.29%
BENEFITS SOUGHT:
Out of title. Cash.
REMARKS:
Approximately 17 acres of the property are in the floodplain.
COUNSELOR:
Blake Allen
Allen Realty
108 Canon Ave
Manitou Springs, Colorado, 80829
