About

A one of a kind investment opportunity!

This property is in one of the hottest neighborhoods in Colorado Springs, with very Low inventory and very high demand. Average days on market for comps is 4.6 days and nearly all sell for over asking. This spacious rancher features three bedrooms on the main floor with an open great room adjacent to the kitchen and a separate living room. And oversized one car garage leads to a large workshop/storage area behind it. The house sits on a mature 8100 square-foot lot and has convenient access to amenities and is centrally located. And additional driveway provides access to the rear of the property and will accommodate large RV or boat storage.

More Details:
As-is price is $249,000 or highest/best offer.
Comps at $310,000-$340,000 or higher.
I’m forced to wholesale my flip due to extenuating financial circumstances. This house is a GREAT flip or rental! The house is only partially into the remodeling process, so much of the demo is already done, & the basement floor is nearly completed with new texture/paint, carpet, doors, and bathroom. This is truly a unique opportunity in a highly sought after neighborhood with incredible potential for great margins. And much of the demo work is completed for you! Basement has been updated to provide more livable area with new texture, paint, doors, carpet and bathroom tile & fixtures.
Investor to investor special property! For sale solely due to extenuating circumstances. I will be listing the property on MLS on Monday but I am offering it privately as a FSBO through my Facebook groups and other investor networks this weekend before it goes public. 
Average comps that closed within 60 days or less, and within 1 mile sold at $136/SF. 
Best Comp is a beautiful remodel/flip 300SF smaller is $124/SF. It sold for $326k in 3 days... $16,000 over asking! 
homes in this neighborhood art in extremely high demand. Only 1 property is active within one mile, listed at $295,000 for 1810 SF- that’s $163/SF! Average DOM is 4.6 and nearly all contract for over asking due to extremely low inventory.

**AS-IS**
Call Adam Gemoets at 719-200-8951 for more info.

This is an investment opportunity like no other. This house is being sold as is and is an ideal flip or has fantastic rental opportunity. Or finish the remodel with your choice of materials to make it your own. The current owner has started remodeling, but must sell due to extenuating circumstances. The basement is 3/4 remodeled- only some flooring, the shower surround and trim are left. Much of the demo work and debris hauling has already been done so you have a clean slate for your imagination to finish this remodel.