Description
$125 per square foot for a fully remodeled 3-bedroom, 3-bath townhome-style condo in Evans. That math doesn't show up often.This 1,440 sqft unit was renovated with new flooring, fresh paint, plush carpet, and an updated kitchen - meaning a buyer can close, list it for rent, and be cash-flowing within 30 days. Zillow's rent estimate puts it at $1,876/month against a sub-$180K purchase price, which is a cap rate that most NoCo investors haven't seen in years.Three bedrooms, three bathrooms, partial finished basement, attached garage, and an HOA of $350/month covering management. Easy access to Highway 85 and the 34 Bypass.A note for buyers: This property is non-warrantable, which means conventional financing through Fannie Mae or Freddie Mac is not available. Cash, portfolio loans, and DSCR loans are the typical path. If you're an investor with capital or a HELOC, this property's been priced specifically for you - and at $125/sqft with rental demand this strong, it pencils.Schedule a showing this week. At this price point, cash buyers move fast.
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3BEDS
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N/AACRES
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2BATHS
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11/2 BATHS
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1,440SQFT
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$125$/SQFT
School Information
Description
$125 per square foot for a fully remodeled 3-bedroom, 3-bath townhome-style condo in Evans. That math doesn't show up often.This 1,440 sqft unit was renovated with new flooring, fresh paint, plush carpet, and an updated kitchen - meaning a buyer can close, list it for rent, and be cash-flowing within 30 days. Zillow's rent estimate puts it at $1,876/month against a sub-$180K purchase price, which is a cap rate that most NoCo investors haven't seen in years.Three bedrooms, three bathrooms, partial finished basement, attached garage, and an HOA of $350/month covering management. Easy access to Highway 85 and the 34 Bypass.A note for buyers: This property is non-warrantable, which means conventional financing through Fannie Mae or Freddie Mac is not available. Cash, portfolio loans, and DSCR loans are the typical path. If you're an investor with capital or a HELOC, this property's been priced specifically for you - and at $125/sqft with rental demand this strong, it pencils.Schedule a showing this week. At this price point, cash buyers move fast.
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