Just Sold: 12711 Colorado Blvd, Thornton
List Price: $129,900
Sold Price: $126,000 (Cash)
Recently I just sold the above condo in the northern part of Thornton. I represented the Sellers and got a cash offer under contract in 4 days. Sellers put in new carpet/paint, which showed well in the professional photos (see below), as well in person. The cash investor will cash flow this unit nicely as a rental moving forward.
Interest rates are still historically low, this allows renters to buy a unit such as this one and pay less than rent. They also allow investors the opportunity to cash flow more. I’m always happy to discuss any questions you might have pertaining to either scenario.