240 Crystal Falls Dr, Westcliffe, CO

  • Characteristics

    Beds: 3
    Baths: 2
    SqFt: 2,012 (1,612 main, 400+ basement)
    Garage: 2 Car Attached
    Lot Size: 317,988, 7.3 Acres
    Year Built: 1997
    APN: 0010125925

  • Condition

    OPTION 1

    Nice little flip with estimated $165,000 in profit!

    Well maintained 3/2 with stunning views. Roof and mechanicals newer. Cosmetic updates needed on the main floor (est main floor repairs $20,000). For a higher ARV, finish the basement with an additional bedroom, bath and sifting room for a nice 4/3 with attached 2.5 car garage (est. basement repairs $30,000).

    OPTION 2

    Buy it as-is and list on MLS for $385,000. Seller needs a fast close so can’t list it. Estimated $64,000 in profit.

  • Numbers & Dates

    Numbers
    HOA: No
    Taxes: $662 (2022)
    Repairs: $20,000-$50,000
    ARV: $500,000-$550,000
    Asking: $290,000

    Dates
    Investor Inspection: By Appointment
    Closing: 2/23/24
    Possession: 2/23/24

    Contact
    Amy McCraken
    AMcCraken@JoeHomeBuyer.com
    303-478-7895

    *HOA, Taxes, LTR, STR, Repairs, ARV and any other figures are estimates. BTVA.

*DISCLOSURE*
JOE HOMEBUYER IS EXPLORING ALL OPTIONS WITH THIS AGREEMENT. AS PART OF OUR DUE DILIGENCE WE ARE CONSIDERING SELLING OUR ASSIGNABLE CONTRACT FOR THIS PROPERTY. WE MAY NOT OWN THIS HOME - WE ARE NOT REAL ESTATE AGENTS. WE DO NOT REPRESENT THE SELLER. THE INFORMATION IS PROVIDED AS A COURTESY AND NOT MEANT FOR THE PURPOSES OF MARKETING THIS HOME.