High value acreage in a private development tucked into the Colorado mountains.
This private acreage is located in Forbes Park, Colorado. Most of the lots we have seen in Forbes Park sell for $20,000-$40,000. Since we have never had the opportunity to visit this property we have priced it at a super low $9,500.
The full sales price for this mountain acreage is $9,500. With $500 down the monthly payment will be $210.00 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 and maintenance fees are only about $240 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 $185.00. With $2,500 down your rate drops to 6 3/4% and your payment drops to $160.00. With $5,000 down your rate drops to 5 3/4% and your payment drops to $110.00. These payments do include the property taxes/maintenance fees and are all based on about a 5 year term.
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 click on the video below to see an “aerial tour” of the property:
If the video is not showing up, please copy and paste the web address below into your browser.
The photo above was taken in Forbes Park and shows what the area looks like.
Pleas click on the photos to the left to see all of the details we have on this property.
This tracts DOES have direct road frontage and is accessible with a car or truck.
The aerial map above shows the property which has direct frontage on Sharbough Lane. The property is about 75% wooded and 25% open meadow.
This is a great opportunity to own a usable tract of land in an amazing area with excellent investment potential.
The map above shows the route to the property from Fort Garland, Colorado. The green area just east of the property is a huge National Forest which can be used for camping and recreation.
The photo above was taken at a nearby property in Forbes Park. This is probably a very good respresentation of what the acreage looks like.
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 $20,000 price range. Here’s a great opportunity to save big money on a piece of true Colorado mountain acreage.