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Updated over 6 years ago,

User Stats

112
Posts
28
Votes
Daniel Eisman
  • Investor
  • Lakewood, CO
28
Votes |
112
Posts

Pine CO Mountain Property or Vacation Rental

Daniel Eisman
  • Investor
  • Lakewood, CO
Posted

Secluded, quiet mountain flip or vacation rental!

Property Highlights:
  • 3 Bedrooms (2 in original space, 1 master bedroom added)
  • 2 Bathrooms
  • 1,972 Square Feet (Assessor's page shows only 803 but does not include addition)
  • Close and easy drive to Highway 285
  • Metal roof
  • Closing date- 7/9/2018

CLICK HERE FOR PICTURES

Beautiful mountain property on nearly half acre would make a great flip or vacation rental. Many updates already completed including added on kitchen, living room, newer windows, 2 car garage, master bed/bath, newer hot water heater and furnace. Original home is 803 square feet with an addition built off the back/side. Propane forced air furnace with roughly ~400 gallon propane tank. Property features septic as well as black box for wastewater. Hot water heater with bladder and filter installed in 2011. Garage features large attic space that can be finished to create additional space (think office or kids room). Well is located up the hill about 2 feet onto the neighbor's property but there is an agreement in place for use of said well. Well is to be transferred with property. Neighbor next door is allowed to use shared driveway to access his property.

Depending on exit strategy, property could use either a very light update to make rent ready, or a larger update for resale and highest ARV.

Comps:

1. 16745 6th St. Sold on 1/12/2018 for $350,000. Slightly larger than subject at 2148 square feet. 2 bedroom 2 bathroom, one less bedroom than subject. Built 1930's which is older than subject as well.

2. 26788 Richmond Hill Rd Sold on 5/11/2018 for $350,000. Less square footage than subject at 1573. 2 bedroom 2 bathroom. Not updated. Comp does sit on nearly 3 acres which does make it more desirable.

3. 33671 Beverly Rd Sold on 10/04/2017 for $345,000. Less square footage than subject at 1200. 2 bedroom 1 bathroom, 1 less bathroom than subject. Well maintained property but not updated at all.

DO NOT DISTURB OCCUPANTS. We will arrange a limited number of showings. Must call or email to set up a showing.

Thank you very much for taking the time to read about the latest property offered by Green Mountain Investments. The first person to place a non-refundable $5,000 deposit will have the rights to purchase this property. Earnest money will go towards purchase price and is non-refundable unless we can't provide clean title or seller can't close.Property is being sold strictly "AS-IS". SERIOUS INVESTORS ONLY! Please do due diligence up front, confirm closing date and that you will have the funds available.

During showings please be courteous and do not speak with owners, other investors or tenants. 15 minutes will be allowed during the showing. Disclosure will be required for showing.

Please call or email if you have any questions.
Sincerely,
Daniel Eisman
303-747-4046
[email protected]
Offering