SORRY, THIS PROPERTY HAS BEEN SOLD! Like some of our other properties outside of Missouri, we ended up with this property as part of a larger deal that we did last year. Everyone around the office had forgotten about the acreage until just the other day when we realized we had never put it on the market.
5 Acre tract located in southern Colorado just a few miles from a beautiful lake.
Although we have never visited the land we were able to find the picture above which was taken near the property. We expect that this picture probably gives you a pretty good idea about what the 5 acres looks like.
The photo above shows just how close the acreage is to the lake/reservoir. Also, this photo shows the pries of some nearby 5 acre tracts. The CHEAPEST nearby 5 acre tract is listed for sale for $9,500 although most of the 5 acre tracts we found we around $15,000.
This 5 acres does have direct county road frontage. A county maintained dirt road borders the entire south side of the property so you can get to this property in any type of vehicle.
The map above shows the location of the property on Sterling Road.
Since we have not personally seen this property we have decided to sell it for UNDER $1,000 a acre. That’s pretty cheap for southern Colorado acreage. We normally sell our properties on a 15 year term but because of the ultra-low price this 5 acres is being sold on a 5 year term. Make your payments and own this acreage FREE and CLEAR in only 5 years!
The photo above was taken at the lake just a few minutes from the property.
The full sales price for this 5 acre tract is $4,500. With $500 down the monthly payment will be $100.00 with an annual interest rate of 9 3/4%. This is a 5 year payment schedule so you will own this property free and clear in only 5 years. Taxes are only about $100 a year and are already built into the monthly payment. There are no prepayment penalties, no hidden fees and no balloon payments.
Please note that a larger down payment will reduce your interest rate and monthly payment amount. With $1,500 down your rate drops to 7 3/4% and your monthly payment drops to $75.00. With $2,500 down your rate drops to 6 3/4% and your payment drops to $55.00. These payments do include the property taxes.
Also please note that you have twelve months to ADD to your down payment in order to reduce your interest rate and payment amount!
Please feel free to call or email us with any questions. We are somewhat familiar with the area but we are not familiar with the property. If you visit the property we would love to know more about it!
If we had pictures and a video of this property we would price it somewhere around the $10,000 price range. Here’s a great opportunity to save big money on a 5 acre tract of land!