Single Family on 95 Acres Available with just $25,000 Down Assigned

  • $240,000
  • 2 beds
  • 1 baths
  • 1071 finished sqft

We are ZechBuysHouses, LLC, a principal party in a valid and assignable Subject To Sales Agreement which allows us to purchase a home in Penrose . The decision has been made to offer this  Agreement to another cash buyer so as to allow you the opportunity to buy this home.

Possible 100% financing on this property through our Preferred Lender. 

Address: 5505 Co Rd 123, Penrose, Colorado 81240
Suggested Purchase Price: $25,000 Down and take over loan payments
Then another $20,000 in 6 months
5 Year Sub To ~$1300 monthly mortgage payment (PIT)
Balance ~$197,000
Year Built: 1935
Living Sq Ft: 1071
Beds: 2
Baths: 1
Garage: Barn and Multiple Sheds
Lot Size:  95 Acres

EST After Repair Value: Range of $350,000 – $375,000
CLICK HERE FOR ARV CMA
EST Rental Value: Depends on Use
Home Features Include:
HUGE PIECE OF LAND
Single Story Rancher
HUGE Horse Barn
Already fenced fields for animals
Has option for cistern and hookups for Generator already installed
Some updated windows already
Wood burning Stove
Renovations needed include:
Updates throughout Kitchen and Bath
Repair some flooring and drywall
Replace broken window and maybe update a few others

A copy of the executed contract is available on request.

 

INSPECTION: CALL TO SCHEDULE

Earnest Deposit: $5,000 deposit to Heritage Title Company

Please submit your highest and best offer  to us via email to admin@zechbuyshouses.com.   Earnest Money Deposit will be $5000 non-refundable. 

If you’re interested in acquiring this Purchase and Sales Agreement, please contact us right away!

Brent and Jen
719-550-4267

Price:
$240,000
Address:
5505 Co Rd 123
Penrose, CO 81240
Square Feet:
1071 finished
Lot Size:
95 Acres
Bedrooms:
2
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1935
Basement:
none
Const. Type:
Stick Built

Call 719-550-4267 for more details

Property Location