your contact #  970-481-0033

36 condo units for sale

$ 1,780,000.00
35 UNITS ARE RENTED 1 VACANT

CLOSE TO EVERYTHING these spacious remodeled condo units offer open floor plans, large

kitchens with full-size appliances, dishwasher sand breakfast bars. Several units have split

floor-plans, and some have balconies. Property amenities include a designated leasing office,

sparkling pool, clubhouse, and covered parking. Improvements are of frame and stucco construction with built-up roofs and pitched roofs. Exterior and roof repair/maintenance expenses, along with 100% of utilities and insurance, are covered by HOA fees. The property enjoys strong historic occupancy with upside in rents. Close to light-rail. Tenants are minutes from major employment, sporting venues and shopping.

_____________

Monthly income $ 28,442.40 x12 =  $ 341,308.80

Expenses annually(HOA, Taxes, Ins)$ 180,444.00
Net operating Income                      $  160,864.80
Room Count bedroom & bath
13) 2/1
20) 2/2
 3) 3/2

• Spacious rental units, 
• HOA paid utilities, insurance
• Upside in rent
• Excellent drive-by exposure
• Clubhouse,
• pool,
  
• covered parking
• No deferred maintenance needed
  PROTOCOL ; NEED NCND SIGNED FOR 1ST TIME BUYERS, 
  AFTER WE WILL SEND THE EXCEL SHEET.
• Protocol for purchase of assets:

  LOI and POF need to be from BUYER ONLY no intermediaries

  Names must match on both documents
  Phone numbers must be real company numbers not cell phones.
  
  LOI:
  Must be on company letter head of BUYER

  1 property/asset per LOI (assets are from multiple banks)

  Property/Asset of interest and asking price

  
  POF-on Bank letter head or bank account statement

  Names-Entities must match the LOI

  
  

  Conference Phone calls with our sources will take place ONLY after proper LOI and POF have been submitted and Vetted by our
  sources, and Banks/ Financial Institutions.

  your contact #  970-481-0033