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Updated over 7 years ago on . Most recent reply

User Stats

590
Posts
319
Votes
Kyle Doney
  • Flipper/Rehabber
  • Golden, CO
319
Votes |
590
Posts

Denver Colorado Condo Deal

Kyle Doney
  • Flipper/Rehabber
  • Golden, CO
Posted
South Parker Road Condo 1306 S Parker Rd.
1 bedroom 1 bath 600 sq ft condo that is rent ready. You could take out the wall where the kitchen is and make it an open floor plan so the kitchen flows into the dining room. Other units have done this in the complex which is setting higher ARV's. Has been updated with new laminate floors, kitchen updates, and newer windows. Paint will go a long way in this unit and it is rent ready as is with a little clean up. Looking for a quick close, but flexible.
Overview:
  • 1 Bed 1 Bath
  • 600 sq ft
  • HOA = $245
  • Rents range from $900- $1k mo depending on finishes
  • ARV Estimate: $140K+
  • Fix Estimate: Rental: $1K, Flip: 6k
  • $115K obo
  • Close- Flexible
Comps:
  • 1306 S Parker Rd #176 – 600 sq ft: Sold 145K
  • 1300 S Parker Rd Unit 399B – 625 sq ft: Sold 138K



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