Fix & Flip or STR. Located in Beautiful Thompson Canyon, 18 mi from Estes Park!

$389,000 • 3 Beds / 2 Baths • 1,765 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 2
  • 1765
  • Attached Garage

Description

**SEND INQUIRY FOR ADDRESS AND WALKTHROUGH TIMING**


Loveland, 80537


This home has great bones and huge potential as either a flip or a high-performing Airbnb. Featuring a walkout basement, attached greenhouse, and a spacious backyard with back street access.

With the right updates, this could be a highly profitable investment.

With potential Airbnb revenue, this property offers strong cash flow potential in addition to a solid flip opportunity.


The Details


  • Home type: SFH w/ walkout basement.
  • Basic info (bd/ba/sqft): 3 bed / 2 bath / 1765 sq. ft.
  • Basement status: 450 sq. ft. unfinished basement. Mech. Room and a separate pump room for the well.
  • Cosmetics: Dated
  • Mechanical: Roof is older. WH is newer. Furnace is older. On septic. Needs windows.
  • HOA: No
  • Parking: Off street. Also, 2 car garage.
  • Occupancy: 7-10 day day post-occ.
  • Photos (link): https://tinyurl.com/reslink2508
  • Closing Date: 3/12/25 (some flexibility if needed)



The Comps


Estimated ARV $615,000


  • $670k -- 3009 Escondido Dr, Loveland, CO 80538
  • $575k -- 1561 W US Highway 34, Loveland, CO 80537



The Deal


Asking $389,000 First Come First Serve


  • Accepting offers through Friday 2/28.
  • Earnest money of $10,000 holds the deal (submitted by EOD to First Integrity Title non-refundable).
  • Closing 3/12/2025 or sooner.

Estimated Spread

  • ARV $615,000
  • Price $389,000
  • Spread $226,000