TITLE:
Fort Collins Tudor
CONTROL:
Exclusive
VALUE:
$1,750,000
LOAN:
$975,000
EQUITY:
$775,000
TYPE:
Multi-Family
HAVE:
5408 Square Foot Tudor Residence previously leased to a fraternity house. Close proximity to Colorado State University in a very nice area.
ADDRESS:
201 East Elizabeth Street, Fort Collins, Colorado
BENEFITS TO NEW OWNER:
Previously leased for $16000/ month
Oppty for higher & better use or conversion to duplex or SFR.
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$0
NOI:
$0
DEBT SERVICE:
$84,000
CASH FLOW:
$-84,000
CAP RATE:
0.00%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$975,000
$7,000
7%
12/31/1969
No
BENEFITS SOUGHT:
Down and out or possible joint venture
COUNSELOR:
Ross Fellenstein
Commercial West Real Estate Inc.
14143 Denver West Parkway, Ste. 100
Golden, Colorado, 80401
