Investment Opportunity

1941 Dewhirst Drive Colorado Springs CO 80951 Coming Soon

July 12, 2017 by Toby Lorenc

Claremont Ranch Home For Sale

1941 Dewhirst Drive Colorado Springs CO 80951 in Claremont Ranch will soon be on the market! As rent rates increase more quickly and drastically than we’ve ever seen in Colorado, it’s a great time to own a rental. Single family homes can be a great investment and often provide an excellent cash flow situation for the owner.

1941 Dewhirst Drive has been a solid source of income for the current owner, with a long and consistent rental history. Built in 2005, this home provides nearly 2600 square feet of living space plus a nice size lot at 5,565 square feet with a fenced backyard. Enjoy the walk-out patio, Pikes Peak Mountain views, and low maintenance thanks to the new roof, new windows, and auto sprinkler system. Inside this beautiful 3 bedroom, 2 bathroom ranch-style home are plenty of extras including air conditioning and all appliances are sold with the property, down to the washer and dryer. If you ever do run into a problem with major systems or appliances, many are covered by the complimentary American Home Shield home warranty being transferred to the new owner.

Whether you’re looking for a primary residence to live in year round, a vacation home, or an investment property in Colorado Springs, this is certainly a great option to consider. Watch for more information in the next few days from the listing agent, Marion Meyer. At only $265,000 ($102 per square foot) this home is going to sell quickly. Now’s the time to gather your pre-approval letter and other documentation so you’re prepared to submit an offer by the deadline date of July 16th at 3:00pm.

Click here for more information on this property or to see other listings from this Realtor.

Marion Meyer

4546 Lancaster Drive Colorado Springs CO 80916 Just Listed

June 29, 2017 by Toby Lorenc

4546 Lancaster Dr Colorado Springs CO 80916 For Sale MLS#6141453 $165,000

4546 Lancaster Drive Colorado Springs CO 80916 MLS#6141453

It’s that moment when there’s an opportunity before you – if you hesitate you’ll miss it! Marion Meyer from the peakdream team has just listed this single family home in Southeast Colorado Springs for $165,000. The 3 bedroom, 1 bathroom, 2 car garage home is located in a neighborhood called Heritage, not far from Highway 24 and Powers Boulevard. And it will soon be buzzing with traffic with prospective buyers, investors, and house-flippers.

The home is being sold as-is which typically means there is work that probably needs to be done and the seller isn’t interested in doing anything but selling it. In this case, the home is an estate, so most likely family members are simply wanting to move on. Whatever the reasons, a buyer can definitely benefit from the low price and step into a great investment.

Certainly there is some work to be done on this 1192 square-foot tri-level home. The yard will need some maintenance and landscaping, carpets will probably need replaced and the home needs some basic TLC with cosmetic changes like a fresh coat of paint. The large, open kitchen could quickly become the highlight of this house with some updated cabinetry and counter tops. Luckily, the roof has recently been replaced and the exterior has been newly painted, both of which tend to be large costs that the new buyer won’t have to worry about.

So who should think about buying this home? Anyone who wants to step into equity with just a bit of elbow grease and a few weekends of being a handyman. Whether you’re a single person or family looking to purchase a primary residence or an investor looking to rent or flip the home, there is money to be made. Similar homes in this area are listed for as much as $157 per square foot and have sold for nearly $200,000 in the past few months. Plus, the rental market is hot throughout Colorado Springs, and we estimate this home could rent around $1250 per month. That’s a pretty hefty return on your investment when you consider your 30-year conventional loan payments would probably be around $830 per month, and that includes homeowners insurance and property taxes!

Take a moment to consider what it might look like for you to make this investment – but just a moment or it’ll be gone before you know it!

1535 Rosedale Ln Canon City CO 81212 For Sale

June 9, 2017 by Toby Lorenc

Unit 4 Kitchen in the Rosedale Vintage Mobile Home Park located at 1535 Rosedale Lane Canon City, CO 81212

1535 Rosedale Lane Canon City CO 81212 is one of the most unique listings our office has acquired in quite a while. The owner of The Rosedale Vintage Mobile Home Park had a creative vision to update mid-century mobile homes in this historic mobile home park between Canon City and Florence, CO.

Custom made sign to welcome you to The Rosedale Vintage Mobile Home Park

1535 Rosedale Lane Canon City CO 81212 Entrance

Nearly ever aspect of these five homes have been restored and decorated with authentic, vintage collectibles. Not on did they restore the flooring, fixtures, appliances, plumbing, electrical and heating, but they took the next step in furnishing these tiny homes with decor that makes you feel right at home – in the 60’s! Each home has a color-theme, all with a different feel and vibe inside. The outside has many special touches as well, including a newly-built fence made of re-purposed wood and mature trees for a relaxing environment.

Plus, you couldn’t ask for a more ideal location in Colorado. Canon City is the most populous municipality in Freemont County so there are plenty of restaurants, services, and shopping close by to The Rosedale. It is also surrounded by quaint communities like the city of Florence, CO (known as the antique capital of Colorado) and top tourist attractions such as the Royal Gorge Bridge and Park. And you’ll be in the heart of Colorado living, with plenty of mountains to hike, trails to bike, and the Arkansas River for whitewater rafting.

Rosedale Unit 2 Living Room

But past all the good vibes, chill spaces and great location is some real money. These five mobile homes are constantly being rented to both long-term tenants and used as short-term rentals through popular websites like AirBnB and Vacation Rentals By Owner (VRBO). The current owner even has some partnerships with national staffing companies placing tenants at this location and is currently earning $1150 per month for one of the units. You’ll also be pleasantly surprised by the low property taxes: just $252 for the year which is for the entire property (five mobile homes, So, if you’re an investor looking for a property in Colorado with great cash flow and income potential, this might be exactly where you need to grab a drink, lay back in the hammock, and enjoy your investment.

This entire complex is all being sold together, which includes all 5 mid-century furnished homes and the land. We think you’ll be pretty amazed at the price this is listed for – click here for pricing and additional information
or contact your Florence Colorado Realtor.

1535 Rosedale Ln Canon City CO 81212 is The Rosedale Vintage Mobile Home Park

Rosedale Vintage Mobile Home Park Unit 4

Rosedale Vintage Mobile Home Park includes lush, mature trees.

Investment Opportunity

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