Property Details

TITLE:
Colorado Four Plex w Garages
CONTROL:
Exclusive
VALUE:
$725,000
LOAN:
$0
EQUITY:
$725,000
TYPE:
Multi-Family
HAVE:
Four Plex with four garages very well located in Pueblo West, Colorado Two Bedroom Two Bath units of approximately 1100 square feet Lot size approx one acre- could probably add another 4 units/ 4plex
ADDRESS:
41-47 West Cokedale Drive, Pueblo West, Colorado
BENEFITS TO NEW OWNER:
Stable cash flow from good tenants; good location; one acre lot- possible to add another 4 plex
GROSS SCHEDULED INCOME:
$62,640 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$62,640
EXPENSES:
$12,041
NOI:
$50,599
DEBT SERVICE:
$0
CASH FLOW:
$50,599
CAP RATE:
6.98%
BENEFITS SOUGHT:
Larger well located apartment building or other stable cash flow investment or investment with compelling upside.
CAN ADD:
This owner has made numerous equity loans. Could possibly add cash to joint venture the right opportunity/ deal.
COUNSELOR:
Ross Fellenstein
Commercial West Real Estate Inc.
14143 Denver West Parkway, Ste. 100
Golden, Colorado, 80401
Phone: 303-423-4669
Cell: 303-905-3830
Fax: 303-376-6144