All Forum Posts by: Nate Wightman

@Watson Smith to me $80 seems very inexpensive from what I have been reading.. It surely depends on areas.  Stucco seems like a labor intensive exterior. could you switch to  some Hardy type materials to cut down the labor... guess stucco will pay for itself over time.. are you able to have the duplex on one water and sewer tap or do you need separate taps for each unit.  Modular also has some appeal for getting tenants in sooner... but they can cost more than 80 in Denver.  up and down duplex or side to side... carports or garages. 

@Edwin W. remember also... if it is a tear down you will get the water and sewer taps (assuming not a well and septic) which in denver cost around $35 to $40,000 and if they are in good shape you will save $ on the install of them also (another $10-20k)...  I agree with @Micki M. if no one else has been able to do this yet you need to go talk and have a deal ready... good luck

@Emilio Ramirez Thanks for your time.. do you have an opinion on the "structure" of a live work or vertical duplex to be encompassed into the townhouse legal description.  thus allowing the rental and the upper unit to be sold together as one townhome from soil to sky.  If this seems feasible I think it would encourage more investors into building smaller apartments that could be sold off later as duplex properties or  townhouse with rental/live work.  Not sure if I am making my point very clearly.... It seems that this topic could have more legs.

I believe Corpus Christi Texas is allowing vertical duplexes.  owner must occupy one unit and they sell together.  I am kinda stuck on this duplex (vertical) idea because it seems to have a higher net exit $s available..  duplexes in Denver area are $300k and up...so $150 per door.  but 4plexes don't command $600k very often.  Also, the duplex seems to have a higher market share available to purchase them..  thoughts on this anyone... thanks

@Daniel Smith could you get a loan from someone to buy or save this place... seems like you could have a help-help situation here.  you help them and that helps you.  could you possibly rent this back to the tenant at a reduced rate if you got that far.  maybe at least this will generate some more sensible  comments.  good luck

Here is a vertical duplex in Nevada 

kinda cool design.. bottom floor split with common wall between  and then one unit gets the second floor and the other gets the top floor

http://www.nahbclassic.org/showpage_details.aspx?showPageID=33428

Hi and Thanks @Bill Thompson  I did some looking and up and down duplexes are out there but are a bit rare.   I guess where i am now is trying to figure out if you could have a " townhome" with its own rental below it, in effect an up and down duplex. In this way the land that is sold with the townhome also includes a rental... or gallery... or.....   anyway I appreciate your time Bill.

The zoning is MRU mixed use residential urban up to 60 feet high no max density.. setbacks 0-5 feet..  roughly 150ft x 150ft  ... this is my situation... but also I think this may if possible be a great way to hedge an exit for any ones situation if the zoning allows.  If we could rent until sick of it and then sell the land and upward to one buyer (one duplex) we could maximize both rental income and sales appreciation..  if it works???

thanks all

@Travis Sperr  Yes, I can appreciate that... however, my thinking is you would sell the entire vertical space bottom and top unit as a duplex (as a duplex townhome) one owner owns both the bottom and top... this eliminates the condo horizontal and vertical delineations...so 4 horizontal spaces could potentially sell for 1 mill plus... 250 / duplex 

@Dorothy Ma , @Jim Adrian @Travis Sperr , @Bill Thompson @Emilio Ramirez

Hi all,   can I get your opinion on the last few posts... do you think this would be feasible and do you think they would sell/rent.... do you think the land could be subdivided for up and down duplexes,  could you have 1 water tap for each duplex .. thanks for your thoughts