Tuesday, August 28, 2012

Stapleton Investment Opportunity with ... - Live Green Real Estate

Stapleton Investment Opportunity with Immediate Cash Flow ? Denver, CO

One of the builders in Stapleton is selling the model home containing their sales office and offering to lease the home back for the next 6-12 months. This is a 2457 square foot, 4 bedroom, 3.5 bath, two-story home with a finished basement. The home also features a formal dining room, loft, study, 2.5 car garage, and brick wrap around front porch.

As a model home, there are more upgrades than I can mention, but I will summarize. The chef?s kitchen has slab granite and stainless steel GE Profile appliances throughout, as well as java colored Mastercraft cabinets with upgraded hardware, and a single basing Kohler sink and Delta Pilar faucet with Touch20 technology (meaning you simply have to touch the faucet and it will turn itself on).

The bathrooms are equally decked out, as is all the flooring and custom paint. All in all, there are over $180K in upgrades. ?But the upgrades are not only cosmetic. ?The HVAC system includes a 16-seer compressor and high-efficiency furnace, which runs on three zones. ?There is also an oversized, 50-gallon, high-efficiency hot water heater. ?Adding to the energy-efficiency of the home is a pre-paid solar lease.

The asking price for this home is $563,900 (currently discounted over $68K) and the builder is offering to pay $4000 per month in rent.

This means with a conventional loan the purchaser of this home would have instant equity, and a positive cash flow from day-1.

This is a wonderful opportunity for anyone considering buying new construction, with the ability to wait approximately 9-months for a dirt start to be completed. ?Why not turn a profit while waiting to move in.

It is also a great opportunity for an investor as well. ?This is a turnkey investment, and with a strong high-end rental market in Stapleton there should be no problem finding a residential tenant once the builder moves out.

Either way, anyone interested in learning more about this home buying opportunity and setting up a showing, give me a call.

John Keene
303-547-7578

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Source: http://livegreen-denver.com/2012/08/stapleton-investment-opportunity-with-immediate-cash-flow-denver-co/

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