Good afternoon everyone,
I have a buyer who recently sold a farm and now he needs to roll the funds into approximately (5) five single family homes as rentals to to take advantage of his 1031 exchange. Here is his criteria:
Properties will ideally in Arvada. However, he is looking at Westminster, Northglenn, Thornton and Gilpin county as an expanded area. Please stay west of I-25.
- Single family homes: no condos, townhomes, or multi-family.
- 3BR/2B
- sq ft - over 1000
- Cleaning or basic repairs, no major structural repairs or component replacemnts.
- These are going to be rentals so ROI should come in around 10%
- If the numbers work he is also looking at turn key rentals.
If you have properties let's partner up. Send me a PM and we can discuss details.
Thank you.
Sean Roe
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Should have mentioned the
Should have mentioned the cities listed are all Denver Metro Suburbs, and Gilpin county is approximately 20 miles west of Denver in the mountains if that helps.
Sean