1.35 Acre 5/1 - Great Horse Property Opportunity Just Minutes to Downtown!

SORRY-IT’S GONE!

  • Characteristics

    Beds: 5
    Baths: 1
    SqFt: 1,260
    Lot Size: 1.35 Acres, 58,806 sqft (Zillow, Redfin, etc., have wrong lot size) Click for county recorded lot size verification
    Year Built: 1913/1945
    APN: R045237
    Property Type: Single Family Residential

  • Condition

    Great horse property opportunity. Rural living feel but just minutes to downtown Grand Junction. Rare to find!!!

    Needs a full renovation.

    Fix up the house and add a small barn for top ARV of $450,000. Estimated $70,000 in repairs, $50,000 for the house, $20,000 to build a small barn.

    Or just fix and flip for ARV $360,000. $50,000 in repairs on the house.

    Could also be a great short term rental.

  • Numbers & Dates

    Numbers
    HOA: No
    Taxes: $374 (2021)
    STR Income Opp: $42,000
    LTR Income Opp: $18,000
    Repairs: $50,000-$70,000
    ARV: $360,000-$450,000
    Asking: $220,000

    Dates
    Investor Walk-Through: 3/9/23 at 11:00am
    Closing: 3/20/23
    Possession: A closing

    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.