8 Town Homes in Cortez Colorado
| Time: | 11:00 AM |
| Date: | Saturday November 21, 2009 |
| Location: | Cortez CO, USA 81321 |
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Nov 21, 2009 -Auctioneer's Note:Whether you are a home buyer or an investor, now is the time to take advantage of any opportunity you can. As the government's real estate incentives are coming to an end, we are giving you an opportunity that will be much better for your wallet than anything the government has offered up to this point. Eight new construction town homes will be sold at auction and 4 of them will be absolute - no minimum bid, no reserve price. They will be sold to the highest bidder. Take advantage of these 1341 square foot homes and finish them the way YOU want them finished. Buy one for yourself, buy one for your in-laws, your parents or your son or daughter. I just want to make sure you take advantage of this great opportunity! These homes sit in an excellent location - right across the street from a giant park, with a recreation center, ball fields, soccer fields, tennis courts, picnic areas and a nice duck pond. The library is also close and you have easy access to schools, grocery shopping and restaurants. Please come visit us at the Open Houses on Saturday and Sunday, November 14 and 15. Saturday's Open House will take place from 3pm to 4:30pm and Sunday's Open House will take place from 12noon to 2pm. We will be selling these units individually and in bulk. We will give everyone the opportunity to buy the unit or units that they want. Check them all out at the Open House to choose the unit that you want to call home. Investors, there is money to be made here! Please call 970-245-1185 if you have any questions about this project or the auction. I will look forward to seeing you at the auction and helping you get into a new home. Have a very nice day! Doug Carpenter, CAI, AARE The Auction Team Listing:1161 & 1181 E. MONTEZUMA AVENUE CORTEZ, COLORADO * * 8 TOWN HOMES * * REAL ESTATE AUCTION AUCTION - NOVEMBER 21, 2009 - 10:00AM OPEN HOUSE - November 14 - 3pm - 4:30pm & November 15 - 12noon - 2pm **Auction takes place at 1161 E. Montezuma Ave** Construction of this new Planned Unit Development began in 2007. After completing 6 units, the economy took a turn and 8 of the units were never completed. These eight (8) unfinished units will be sold at Auction on November 21. Four of the units will be sold Absolute - no minimum bid, no reserve price! The remaining four (4) units will be sold subject to bank debt. However, we are very confident that all units will be sold as the bank debt is very minimal. The infrastructure for this planned unit development is in place. All water, sewer, gas parking lots and landscaping is in. Completion of these 8 units entails insulation, sheet rock and all the interior finish. Subcontractor quotes put completion of each unit at $13,500 to $20,000.00. Only two units will need the higher completion cost as all electrical and plumbing has been put in all the units except these two. All units are approximately 1341sf according to the architectural plans. Assessors office has incorrectly recorded the square footage of these units, however, we ask you to measure yourself and bid according to your assessment. At this stage of completion, this is a perfect opportunity to buy an unfinished unit and finish the unit exactly how you want - cablnets, flooring, countertops, appliances. It’s almost like getting a custom home at a lower cost. The six units that have been completed have sold for and are for sale at $179,000.00. The units that have not sold are being rented for $1000 - $1200 per month. Take advantage of this excellent opportunity to buy a brand new home for the price you want to pay! You may never see another opportunity like this ever again in Cortez. PROPERTY FEATURES: New Construction - Unfinished Two Story Town Home 1341 square feet 2 1/2 Baths 3 Bedrooms Oversized One Car Garage City Water City Sewer Finish to YOUR Liking Across the street from Rec Center, Soccer Fields, Baseball Fields, Tennis Courts, Skate Park, Picnic Areas, Pond Near Outdoor Swimming Pool, Frisbee Golf Course, Library, Police Station, Grocery Store and Restaurants HISTORIC AND OTHER THINGS TO DO AROUND CORTEZ: Awesome Big Game Hunting Awesome Fishing Mesa Verde National Park Anasazi Ruins McFee Reservoir Ute Mountain Casino Rock Climbing White Water Rafting Directions:From Hwy 160/E. Main Street in Cortez turn north on North Mildred Road for one block to E. Montezuma Ave. At E. Montezuma Ave turn east and property sits on right. |
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