Short/Mid-term, Fully Renovated, Beautiful Property in Boulder, Co.
Hello,
A MOTIVATED SELLER, interested in creative financing his Property; A beautifully renovated 3 bd, 4 ba, 3,877 sqft in Boulder, Co.
It is perfect for Short/Mid-term rental. It is also a great place for one family to live in, or even a few young professionals.
A couple lived in the main house, and rented the bottom unit for $2000+ utilities, it's got a separate entrance.
Property was bought in 2021, at an interest rate of 3.25%.
There is mortgage left and some renovation/reconstruction costs that need to be recouped.
These are their payment terms:
- Sale Price; $1,800,000
- Cash required at closing - $1,460,000:
- Broken down to:
- - 1st lien mortgage note - $1,100,000 (includes the mortgage and renovation loans)
- - $360,000 in missing fundings to be brought in by Buyer to cover (escrow, title, wholesaler fees.. etc)
- 2nd lien Seller Carry Note - $340,000 maximum, @ 2% with monthly payments based on 30-year amo with a balloon after 5 years.
- Message me to see photos/videos of the property.
- Thank you
- Bella
Offering
Denver, Colorado