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230 W First St

8 Unit Block of Flats £500,768 (£62,596/Unit) 8.90% Net Initial Yield Trinidad, CO 81082

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Investment Highlights

$125,000 of Capital Improvements done since current ownership

Seller Carry Terms: 60% LTV, 5 year term; 4% Interest Only year 1, 5% through remaining duration of the loan.

Executive Summary

T1 Cap Rate : 8.9% & Pro Forma Cap Rate: 9.57%
SELLER FINANCING AVAILABLE | 100% Occupied
Explore this exceptional 3-STORY MIXED-USE VALUE-ADD INVESTMENT OPPORTUNITY
Ideal for entrepreneurial buyers interested in Airbnb, Vrbo, Bed and Breakfast, or short-term living ventures.
Access our comprehensive brochure for detailed information.

230 W First- Trinidad-Brochure-V3

Property Facts

Price	£500,768	Apartment Style	Low Rise
Price Per Unit	£62,596	Building Class	C
Sale Type	Investment	Lot Size	0.10 AC
Net Initial Yield	8.90%	Building Size	5,352 SF
No. Units	8	Number of Floors	3
Property Type	Residential	Year Built/Renovated	1880/2005
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Corridor	Interior

Price	£500,768
Price Per Unit	£62,596
Sale Type	Investment
Net Initial Yield	8.90%
No. Units	8
Property Type	Residential
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Apartment Style	Low Rise
Building Class	C
Lot Size	0.10 AC
Building Size	5,352 SF
Number of Floors	3
Year Built/Renovated	1880/2005
Corridor	Interior