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805 Eagleridge Blvd

Pueblo, CO 81008
  • $4,000,000
  • STATUS: Active
  • ON SITE: 81 Days
  • ID#: 195464
UPDATED: 62 min ago
$4,000,000
  • 0
    BEDS
  • 1.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,451
    SQFT
  • $171
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2005
Area:

School Ratings & Info

School District:
60B

Description

The Property is situated on Lot 4 of the Eagle Cross Vertical Development and includes the access to Eagleridge Boulevard. Each condominium unit of the Property is available for sale individually with a shared ownership of the common areas (parking lots, access, etc.). Condominium A contains approximately 10,848 sq ft and is priced at $2,000,000; Condominium B contains approximately 5,003 sq ft and is priced at $1,000,000; and Condominium C contains approximately 7,945 sq ft and is priced at $1,400,000. Of interest to most investors, the Seller will master lease any of the condominium units or the entire property on a 6 cap true NNN master lease for a negotiable period of time to create a "mailbox income" opportunity for the investor. Based upon a $4,000,000 sales price, the master lease will pay $20,000 on or about the 1st day of each month delivered either to the investor's mailbox or bank for the life of the master lease.

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© 2021 Pueblo Association of Realtors®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Artisan Group at Keller Williams Premier Realty. Data last updated: 2021-10-26T20:04:32.887.
www.artisangroupco.com/homes/120115265
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805 Eagleridge Blvd Pueblo, CO 81008

  • Price: $4,000,000
  • Status: Active
  • Updated: 62 min ago
  • ID#: 195464
0
Beds
0
Baths
0
½ Baths
1.18
Acres
23,451
SQFT
$171
$/SQFT
2005
Built
Neighborhood:
Northridge/Eagleridge
Area:
North
School District:
60B
Property Description
The Property is situated on Lot 4 of the Eagle Cross Vertical Development and includes the access to Eagleridge Boulevard. Each condominium unit of the Property is available for sale individually with a shared ownership of the common areas (parking lots, access, etc.). Condominium A contains approximately 10,848 sq ft and is priced at $2,000,000; Condominium B contains approximately 5,003 sq ft and is priced at $1,000,000; and Condominium C contains approximately 7,945 sq ft and is priced at $1,400,000. Of interest to most investors, the Seller will master lease any of the condominium units or the entire property on a 6 cap true NNN master lease for a negotiable period of time to create a "mailbox income" opportunity for the investor. Based upon a $4,000,000 sales price, the master lease will pay $20,000 on or about the 1st day of each month delivered either to the investor's mailbox or bank for the life of the master lease.
Exterior Features

Building Description Multi-Level Lot Dimensions Irregular

Property Features

Business Type RetailProfessional Service For Sale Lease Sale Irregular Lot Size Yes Lease Includes None Lease Type Terms Triple Net Prior Tax Year 2020 Sale Includes Building & Land Special Taxes 0.00 Water Rights No Zoning B-3

Listing provided courtesy of John Stavely of Stavely Realty.
© 2021 Pueblo Association of Realtors®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Artisan Group at Keller Williams Premier Realty. Data last updated: 2021-10-26T20:04:32.887.
 
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The Artisan Group at Keller Williams Premier Realty
25 N. Spruce Street #200
Colorado Springs CO, 80905