$350,000 / 3br - 30000ft2 - Investor Special – Fort Collins Build Opportunity – Cash

[Peder Halseide]

call 970-286-4554

Address: 2021 Timberline Ln, Fort Collins, CO
Price: $325,000 OBO (Must be cash – no financing available)
Zoned: City-approved for residential rebuild or potential duplex/ADU
Lot Size: .67 acres
No current tenant – Immediate possession

PROPERTY DETAILS:
This is a tear-down or major rehab opportunity in a prime Fort Collins location.
The existing modular home is in disrepair and not financeable through traditional lenders. The value is in the land, detached garage, and build potential.
Current owner has $375K loan approval and $500K appraisal with a new build – all documentation available.
Lots of built in equity at this price.

Highlights:
Already approved for 3-bed, 2-bath rebuild (appraised at $500K)
Garage brings $200/month rental income now
Zoned UE Urban Estate for residential – ADU possible. Could possibly be rezoned to HC
Flat lot in a desirable area with strong resale comps
No HOA
Great Lot/Mature Trees
Excellent Location, but Busy Intersection nearby (Harmony and Timberline)
Close to Power Trail


Numbers That Matter:
Holding cost to current owner: $2,600/month
Rebuild budget: ~$115K
After-repair value: $500K+
Rent comps: $2,300–$2,700/mo for a new 3/2

Perfect for:
Flippers
Builders
Buy & Hold Investors
1031 Exchange replacement
Fort Collins Land Strategists

DM for comps, appraisal, and survey docs.
Make a serious offer – I am ready to move.