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Linda Ireland, Sales Associate
SOLD
$625,000
Date 07/31/2023

11348 Ranch Elsie Road
Golden, CO 80403

Single Family
Residence
3
Beds
2
Baths
2,125
Sqft
1.1
Lot Size
Courtesy: eXp Realty, LLC, Craig@thefiteam.com,508-873-8090

Description for 11348 Ranch Elsie Road Golden, CO 80403

*Seller Financing Available* -- ~$50k down. Assume a 2.99% interest rate loan of about $460,000. 5.5% interest seller financing on remaining equity. AirBnb Investors this one is for you! All furniture and AirBnb assets included. Nestled in the foothills of Golden, this property is in unincorporated Jefferson County. What does that mean? You aren t subject to the same AirBnb restrictions as Golden. All you need is an easy-to-get permit to legally run an AirBnb at this property. In 2022, gross revenue was $83,000 and $50,000 of EBITDA (income before interest). Please see attached documents for 2022 P&L. Take advantage of this rare opportunity where you can leverage a DSCR loan using the income from the current AirBnb. Whether you re looking for some sought after cash flow or looking for a mountain home paid for by your guests, this property is certainly worth taking a look! The roof was replaced in 2021 and all of the necessary property adjustments have been made to adhere to Jefferson County's short term rental permitting process. This included removing 30+ trees, putting in a concrete staircase, a railing, and fireproofing the home.

Property Details

7699287
Single Family, A-Frame
3
Jefferson
2 Full
1954
1.1 Acres
Private
Frame,Wood Siding
Septic Tank
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Courtesy: eXp Realty, LLC, Craig@thefiteam.com,508-873-8090

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Linda Ireland 29029 Upper Bear Creek Road Suite 104, Evergreen, CO 80439 | Phone: (303) 718-6672 | Email: lindairelandhomes@gmail.com

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