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512 E Curtis Street
Eckley, CO 80727
Asking Price
$125K
Asset Type
Residential Land
Class
Class B
What's Special
Land | 1.97 acres <ul><li>Town-Platted, 14 Lots - Seven lots on top, seven on bottom, with an alley running between them. Full block from Curtis Street through. Platting work already complete.</li><li>Water Tap Permits Paid - Fourteen water tap permits paid and current with the City of Eckley. Developer skips the permit fee process. Lines from each structure to the main are developer cost, then the city hooks up at the main at city expense.</li><li>Workforce Housing Position - Yuma and Wray are 28 miles apart
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NOI
$80,000
Cap Rate
64.05%
DSCR
10.79
Strong
Cash-on-Cash
193.71%
Monthly Payment
$617.937
Annual Cash Flow
$72,584.755