Fully occupied at close to market rent, this recently updated fourplex boasts strong cash flow and is currently performing at an 11%+ ROE with a 22% expense ratio; $20k upside with $25k rehab, comps to $540k. Located in 80916, recently one of the four fastest growing zip codes in the nation, its southeast location offers a good path to development with numerous community redevelopment initiatives already underway and is also close to shopping, restaurants and the intrastate with easy access to I-25. 24 average rental days on market and a decent 7%+, 10 yr price trend (single/multi-family combined), this asset may be worth taking a look at.
Click this link for a detailed analysis: 181220-1 Investment Analysisand contact us with any interest. A third party listing, NCND and/or buyer agency agreement is requested.
THERE WILL BE ONE PROPERTY SHOWING ON MONDAY, 3:30 PM FOR CLOSE ASSOCIATES ONLY!YES, WE HEARD YOU…NO HERDS, PLEASE! CONTACT NORBERTO AT 719-453-8690 TO REGISTER.POF/LOI REQUESTED.
Here it is! The perfect opportunity for a flipper, or a buy-and-hold investor, OR even an owner-occupant to pick up an old charmer with so much potential! Simply needing a big-old hug, we have a crew on standby for you turnkey investors or, needing only minor work to be market-ready, any flipper using hard money, which we can help with, too, can get this done, or even a future homeowner using the FHA 203k or FNMA’s Homestyle Renovation loan can finish the project themselves and keep ALL the stinking equity! Because THAT’S how we roll!
(LOCATION, LOCATION) – Located about 1 mile to the Colorado State Fairgrounds and about 3 miles from downtown, and other amenities, we are in a quiet, desirable neighborhood, centrally located close to everything Pueblo has to offer!
MAJOR upside here, depending on where you take this remodel!
215 Kenwood Dr, Pueblo, CO – Sold for $286,000 09/21
421 Jackson St, Pueblo CO – Sold for $325,000 10/21
619 Polk St, Pueblo, CO – Sold for $369,000 12/21
Sure but, how much equity, did you say?! We thought you’d never ask!
Wholesale Contract Price: $160,000
Rehab: $75,000 (very generous estimate, we should be closer to $50k)
Closing costs: $3,200
Acquisition Basis (Wholesale) : $238,200
Potential Equity: $80,000 – ∞?
Prehab Sale Price: $319,900
Closing Costs: $6,400
Acquisition Basis (Retail): $326,300
Do we have your attention yet?
Fix and flip – Up to 11% ROI
Buy and Hold – Assuming a 20% vacancy and 18% property management fees, a short-term rental up to:
The assignable contract is being offered for a quick, as-is sale to all investors. Prehab terms are available for a qualified buyer. Ask for details!
• Non-refundable $10,000 Earnest Money Deposit
• Contract Commitment Deadline: 9/20/2022 (or we’re flipping it ourselves!)
• Close Date: 09/29/21
Investor Financing Available! Please follow this link to submit your Funding Request Form (opens new window).
*DISCLOSURE* – THIS COMMUNICATION IS FROM A COLORADO LICENSED BROKER OPERATING IN THEIR OWN FINANCIAL INTERESTS. THE INFORMATION IS PROVIDED AS A COURTESY FOR THE PURPOSES OF MARKETING A LEGAL, ASSIGNABLE CONTRACT, SEPARATE FROM THE REAL ESTATE. EXPLORING ALL OPTIONS AS PART OF OUR DUE DILIGENCE, AXIOM REAL ESTATE SERVICES, LLC IS CONSIDERING SELLING ITS AS-IS, ASSIGNABLE CONTRACT FOR THIS PROPERTY WITH THE BUYER PAYING ALL CLOSING COSTS. THE BUYER IS NOT TO RELY ON ANY REPRESENTATIONS, WHETHER WRITTEN OR ORAL, REGARDING THE PROPERTY ABOVE AND MUST DO THEIR OWN, INDEPENDENT DUE DILIGENCE. NEITHER AXIOM REAL ESTATE SERVICES, LLC NOR ITS MEMBERS, DIRECTORS, OR EMPLOYEES MAKE ANY GUARANTEES CONCERNING PROPERTY CONDITION, VALUE, CHARACTERISTICS, OR ANY FINANCIAL BENEFITS.WE DO NOT REPRESENT THE PROPERTY OWNER. PRICE IS BASED ON A CASH OR HARD MONEY OFFER AND IS NET TO THE SELLER. THE “WHOLESALE CONTRACT PRICE” BUYER PAYS ALL CLOSING COSTS. ALL OFFERS REQUIRE A $10,000 NON-REFUNDABLE EARNEST MONEY DEPOSIT.
Here it is folks! A little lipstick and you’re cash-flowing in an area performing at a 39% year-over-year increase in median value!
Minutes from the golf course and about 25 miles from the beach, this off-market property shows great potential of being a great investment opportunity for the buy and hold, or owner-occupant investor!
Check Out What the Seller Has to Say!
*******Flip Opportunity in San Antonio, FL!******
Property Size: 2,121 ft2
Property Lot Size: 6,969 ft2
Year Built: 2002
After Repair Value: $500,000
Open floor plan, 3 bedroom and 2 bathroom with laminated flooring. Ceiling fans in every room. All appliances are staying with the home plus washer and dryer. Large screened sitting room in the back of the house. Located in the Tampa Bay Golf & Country Club! Active 55+ community featuring two swimming pools. The property is vacant. No major repairs, the house is in good condition. Water tank and roof are 5 years. The AC is serviced every year.
10634 Machrihanish Cir, San Antonio, FL 33576, Sold: $505,000
29584 Blackwolf Run Loop, San Antonio, FL 33576, Sold: $504,000
29447 Blackwolf Run Loop, San Antonio, FL 3357, Sold: $495,000
Please enter your name and contact information below to be contacted by one of our experienced investment professionals.
This is a solicitation to provide locator services from a Colorado licensed broker, and shall not create an agency, rather an intermediary relationship between Axiom Real Estate Services, LLC (ARES) and potential customers, in which ARES will introduce the parties for a success fee. Held by a third-party unaffiliated to ARES, this is an opportunity to purchase the assignable contract used to purchase real property by said third party. ARES is not under contract to purchase or list the property. Advised to consult legal, tax, or counsel as necessary, customers with an interest will be asked to sign an intermediary/non-circumvention, non-disclosure agreement for additional information, and an LOI/POF for proper introduction to the seller’s point of contact, with whom they will consummate the transaction.
This gorgeous, custom home is a mountain oasis in the heart
of the city, offering an open floorplan and 360-degree mountain & city
views! Enter into a large, vaulted great room with an ENTIRE GLASS WALL,
walk-out to 2 of 4 decks – enjoy magnificent views! A formal dining room
adjoins large, modern kitchen with new stainless steel appliances & granite
counters. Step-down to a family room with gorgeous, cultured stone fireplace
& a walkout to 2nd deck.
On the top level are 2 ample sized bedrooms and master
bedroom suite featuring a 5 pc bath, jetted tub with a Tiffany lamp and
Bluetooth speaker for complete relaxation, a walk-in closet with cedar floors
& walk-out to a 3rd, private deck. You’ll also find another guest bathroom
featuring an OVERSIZED shower and bench on that level – perfect for any living
Step down 2 levels to a 2nd family room with another
cultured stone fireplace, wet bar & walkout to 4th deck. Another two
bedrooms & third bathroom on the lower level will make a great living area
for in-laws, kids home from college, a short term guest?
INTERIOR HIGHLIGHTS OF HOME:
Completely remodeled home. The main level offers a very open layout. Offers a large laundry room w/built-in cabinets & utility sink. 2 central a/c units & furnaces with ceiling fans in every bedroom provide maximum, all-season comfort. Oversized, 3-car garage with ample space for a workshop! at the end of a cul-de-sac sets atop a hill with pine trees, scrub oak and wildlife galore – unrivaled privacy!
At the north end of town & near great schools, shopping,
restaurants, a public library, I-25, and more, it’s a luxurious, cost-effective
alternative to Denver prices AND an easy in-town commute.
[arve url=”https://youtu.be/-4ymEQ-Wf9I” thumbnail=”5244″ title=”475 Wintery Circle N Colorado Springs CO 80919″ description=”Fully & meticulously remodeled, ranch style home in the desirable Rockrimmon area of Colorado Springs! ” upload_date=”2018-09-15″ /]
475 Wintery Circle N Colorado Springs CO 80919
Welcome home to your fully & meticulously remodeled, ranch style home in the desirable Rockrimmon area of Colorado Springs!
3,600 sq ft home on a nicely landscaped 1/4 acre lot with fenced backyard
5 beds, 3 baths with 5 piece master
2 living rooms and gas fireplaces
Formal dining room and huge eat-in kitchen
Gorgeous hardwood floors
Fully finished basement
Private racquet and swim club within walking distance
Close to great schools, interstate, shopping, restaurants and more
Modern upgrades include LED and/or recessed lighting throughout, dual flush toilets, keyless entry, video doorbell, and a smart thermostat. Convenient north side location close to I-25, perfect for Denver commuters! Like new and competitively priced in an area showing a year over year price increase upwards of 10%. Comparable sales to $585,000!
But, paying finders fees is against the rules, a RESPA violation! Right? See for yourself.
At Axiom Real Estate Services, we teach soccer moms, college kids, retirees i.e., regular folks how to become Acquisition Managers who scout for homes that just need a little love to shine…tall grass, circulars in the driveway, boarded windows. It’s simple. They bring in details for the leads they find and those we provide as well. The more we know about the home, the seller, the circumstances, the better we are able to know, “does it pencil”? Is it a deal?!
If so, and depending on how much they take on, our managers go about their daily lives at this point or participate in structuring, making offers on and closing deals, which is where the real money is made. If this seems like a lot, it is but, it’s also simple once you know how. And once you do, we will pay you based on a sliding scale determined by how much work you did along the pay, paid at our purchase closing, usually 7 – 14 days from going under contract.
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