Cripple Creek Commercial Development Opportunity – Carr Ave

  • Land
    0 acre
    bedroom 0 Bedrooms
    bathroom 0 Baths
  • Flip
    $92,999
    Status : Available
    Year Built : 0
 Description
Cripple Creek Commercial Development Opportunity – Carr Ave – Cripple Creek has a major housing shortage for the casino workers  The casino expansion along with sports wagering is expected to take Cripple Creek to the next level.  The only problem is the housing shortage for the workers to support this expansion.  This is your perfect opportunity to play a pivotal role in bringing this amazing Colorado historical gem to the next level!This package is comprised of three tax IDs for a total of 14 lots all zoned BB or Business Buffer.  This is for Mixed Use commercial, perfect for apartment buildings or row houses to meet the huge demand for much needed housing in Cripple Creek.

There is tons of opportunity for these 14 Cripple Creek Commercial Development Opportunity lots at $92,999 cash or $119,999 seller financing with $65,000 down and flexible terms.

Cripple Creek Commercial Development Opportunity Property Details:

  •         Sale Price: $92,999 cash or $119,999 seller financing with $65,000 down
  •         Address: Carr Ave Cripple Creek, CO 80813
  •         State:  Colorado
  •         County:  Teller
  •         Annual Taxes:  $373.22 total
  •         HOA: None
  •         Closest City: Colorado Springs
  •         Size: 0.91 acres total
  •         Zoning: BB (Business Buffer/Mixed Use Commercial)
  •         Terrain:  Open
 Rehab Work Needed
 General Amenities
 Distance

 Summary

Overview
Cripple Creek Commercial Development Opportunity – Carr Ave Flip
$92,999
Property ID: CO191124038
Address: Login to View
City: Cripple Creek
State/Province: CO
Zip Code: 80813
Country: USA


Flip Analysis

+ Purchase Price: $92,999
+ Purchase Closing Cost: $2,790
+ Rehab Cost: $92,999
Total Acquisition Cost: $188,788


+ Selling closing cost: $2,790
+ Agent Commision : $2,790
Total Holding Cost: $5,580


Total Flip Cost: $194,368
Projected ARV: $92,999

 Message

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