TITLE:
							House with land
                        CONTROL:
						Exclusive
					VALUE:
                        $1,025,000
					LOAN:
                        $100,000
					EQUITY:
                        $925,000
					TYPE:
							Development
						    HAVE:
								A 3/1 SFH on 1.83 acres that may have a better use, commercial, industrial or multi family.
							ADDRESS:
                                
                                    5301 Tennyson st, Denver, Colorado                                                                                                                    
                                                                    
							BENEFITS TO NEW OWNER:
								Good location just north of the Denver city limit. Unincorporated Adams County.
							GROSS SCHEDULED INCOME:
							
							    $20,400                                    							    Actual
                                							
						VACANCY LOSS:
							
								$1,000							
						GROSS EFFECTIVE INCOME:
							
                                $19,400							
						EXPENSES:
							
								$6,120							
						NOI:
							
                                $13,280							
						DEBT SERVICE:
							
								$14,000							
						CASH FLOW:
							
								$-720							
						CAP RATE:
							
                                1.30%
							
						BENEFITS SOUGHT:
						At least $500,000 cash out.
					REMARKS:
						May partial trade for 1 acre lot.
					COUNSELOR:
				Dave Sanchez
                                                                                        Sanchez Investment Realty LLC
                            							15100 Almstead St.
							Hudson, Colorado, 80642
						
											
										
										
										
										
										